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Celsius customers lose hope for their locked crypto

It has been three weeks since crypto lender Celsius Network LLC took the drastic step of stopping customer withdrawals. Many people are beginning to wonder if they will ever see their money again.

Alla Driksne says she has six figures of bitcoin and ethereum — her life savings — tied up in a Celsius account. On June 12, a Sunday, the company said it had suspended customer withdrawals, saying it needed to “stabilize liquidity and operations.” Mrs. Driksne could not sleep for two days.

wsj

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