Another cryptocurrency went into tailspin. Celcius ironically froze all withdrawals and transactions. It’s a bizarre strange mess of shifting crypto-dollars around and they are continuing to profit… not the users, but Celcius themselves.. It was already under fire from regulators, and now it seems that it’s going in the direction of many pyramid schemes. I’ve said it before and will continue to say this… if you don’t know what you’re doing in the world of crypto currency, stay away from it.
The company is testing the terms of its user agreement that allow it to close the gate on users who are pulling funds out, making swaps or transfers.
Found at www.axios.com
