Celsius Bankruptcy Filing Hits Boiling Point on Social Media

Published by
The Street

By Rob Lenihan Twitter rocks with rage and regret as Celsius Network announces its bankruptcy filing. Well, that tweet didn’t age well. On June 11, Alex Mashinsky, co-founder and CEO of the cryptocurrency lending platform Celsius, asked, “do you know even one person who has a problem withdrawing from Celsius?” ‘Why Spread FUD'”Why spread FUD”–crypto speak for fear, uncertainty and doubt — “and misinformation.” On June 12 — one day later — the FUD started flying all over town as Celsius Network “made the difficult but necessary decision” to pause withdrawals from its deposit base due to “ex…

Read More


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.