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Crypto lending firm Celsius asks users for more time to fix issues after halting withdrawals

by Editor June 20, 2022, 5:40 pm 1.7k Views

Crypto lender Celsius pauses withdrawals due to 'extreme market conditions'

Celsius CEO Alex Mashinsky.

Piaras Ó Mídheach | Sportsfile for Web Summit | Getty Images

Embattled cryptocurrency lending firm Celsius has asked users to give it more time to stabilize liquidity and operations after the market downturn caused the firm to freeze withdrawals for its customers.

The cryptocurrency market has seen billions of dollars of value wiped off in the last few weeks, with bitcoin falling below the $20,000 mark over the…

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Mar 17, 2022; Atlanta, Georgia, USA; Penn Quakers swimmer Lia Thomas holds a trophy after finishing first in the 500 free at the NCAA Womens Swimming & Diving Championships at Georgia Tech.

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