{"id":243680,"date":"2022-06-16T13:30:25","date_gmt":"2022-06-16T12:30:25","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=243680"},"modified":"2022-06-21T03:19:22","modified_gmt":"2022-06-21T02:19:22","slug":"celsius-users-share-harrowing-posts-as-withdrawal-freeze-extends-to-fourth-day","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/celsius-users-share-harrowing-posts-as-withdrawal-freeze-extends-to-fourth-day\/","title":{"rendered":"Celsius users share harrowing posts as withdrawal freeze extends to fourth day"},"content":{"rendered":"

Four days since Celsius Network<\/a> paused withdrawals, swaps, and transfers between accounts, there remains no indication of reinstatement.<\/p>\n

On Wednesday, it emerged the firm had hired<\/a> a firm of lawyers to advise on its situation, further adding to concerns that users have lost their money.<\/p>\n

As the situation develops, users have posted accounts of how they have been affected, and much like the stories of Terra victims, it makes for distressing reading.<\/p>\n

The accounts of Celsius users<\/h2>\n

On Wednesday, an update from Celsius Network CEO Alex Mashinsky<\/a> said the “team is working non-stop” to resolve the situation. He added that the company is focused on users' concerns and calls for patience and support during this time.<\/p>\n

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@CelsiusNetwork<\/a> team is working non-stop. We\u2019re focused on your concerns and thankful to have heard from so many. To see you come together is a clear sign our community is the strongest in the world. This is a difficult moment; your patience and support mean the world to us.<\/p>\n

— Alex Mashinsky (@Mashinsky) June 15, 2022<\/a><\/p><\/blockquote>\n