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The Wall Street Journal

Celsius Customers Are Losing Hope for Their Locked-Up Crypto

It has been three weeks since crypto lender Celsius Network LLC took the drastic step of halting customers’ withdrawals. Alla Driksne says she has six figures worth of bitcoin and ethereum—her life savings—tied up in a Celsius account. On June 12, a Sunday, the company said it had paused customer withdrawals, saying it needed “to stabilize liquidity and operations.”