Fuzziness reigns in the crypto planet. 

Is crypto financial institution Celsius Network bancrupt? 

On the evening of Sunday to Monday, the organization introduced that it would suspend indefinitely different transactions, together with withdrawals of cash, without having conveying what had induced such an extraordinary conclusion.

“Because of to extreme marketplace ailments, now we are asserting that Celsius is pausing all withdrawals, Swap, and transfers involving accounts,” the company claimed in a memo released in Medium. “We are taking this action nowadays to set Celsius in a greater situation to honor, over time, its withdrawal obligations.”