Bitcoin plunges as Caisse-backed crypto company Celsius Network freezes customer withdrawals, transfers
Posted: Tue Jun 14, 2022 1:12 am
Caisse de dépôt-backed Celsius freezes withdrawals as crypto lender struggles
https://montrealgazette.com/technology/ ... -struggles
Jun 13, 2022 - The currency of Bitcoin tumbled as much as 14 per cent on Monday after major USA cryptocurrency lending company Celsius Network — in which the Caisse de dépôt et placement du Québec has a major investment — froze withdrawals and transfers for 1.7 million clients, citing “extreme” conditions, in the latest sign of how financial market turbulence is causing distress in the so-called cryptosphere.
https://montrealgazette.com/technology/ ... -struggles
Jun 13, 2022 - The currency of Bitcoin tumbled as much as 14 per cent on Monday after major USA cryptocurrency lending company Celsius Network — in which the Caisse de dépôt et placement du Québec has a major investment — froze withdrawals and transfers for 1.7 million clients, citing “extreme” conditions, in the latest sign of how financial market turbulence is causing distress in the so-called cryptosphere.