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ID:

celsius-network-933

Date:

Status:

Incident Count:

June 12, 2022

Verified

2

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REKT

Contributor:

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web3rekt.com

KYC By:

KYC:

No

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Audit By:

Audits:

None

Loss Amount:

-

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Recovered:

-

Rewards:

Currency:

USD

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Celsius Network

Dapp

Dexes

Liquidity Management

Extended Method:

Suspension of trading activities

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Days in Operation:

1525

(4.18 Years)

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Celsius Network announced they have suspended all withdrawals, swaps and transfers between accounts.

Based on the released communication, it appears that the core issue is liquidity problem due to current market conditions. Celsius seeks bankrupcy protection.

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