Celsius Network in Pause Mode

Yugocean

Valued Contributor
Celsius Network has stopped all withdrawals, swaps and transfers which has caused uneasiness among the users of the network. Staking reward is still open, but customers are doubting.

Screenshot_20220613-194310_Twitter.jpg

Network falling down?
According to some members, they were trying to withdraw before this pause, but they got a message of 24 hours waiting period which continued till the pause period, now they are not able to do anything.

Some people think that the network does not have enough liquidity and may go bankrupt. Users are also claiming that the game is rigged, changing the rules every time they don't win.

Rediculed
Celsius Network has completely ridiculed itself, people are also sharing Celsius Network's post of 14 November 2019 in which the network was guaranteeing unlimited access and benefits without fees, penalties and lockups.

Thoughts
Meanwhile, a new debate is also arising, some people are talking about the importance of regulation to avoid such situations, while some people are also discussing the importance of decentralization and keeping their assets in non-custodial wallets.​
 
Top