Desperate Celsius Users Face Liquidations as Crypto Market Tanks, Solvency Debate Begins

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Desperate Celsius Users Face Liquidations as Crypto Market Tanks, Solvency Debate Begins

 
Some users of Celsius (CEL), a troubled major crypto lender, are facing liquidations of their trading positions as the crypto market crashes and industry players discuss (in)solvency of Celsius and chances to sue the company.
To make things worse, the company has also suspended withdrawals, Swaps, and transfers between accounts, hindering even those users who have sufficient capital from repaying or adding a margin to their positions. …
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