The last month platform stopped all withdrawals by quoting “extreme market conditions”.According to Calcalist Outlet Media Israel, now has fired around 150 employees.”We focus and work as fast as possible to stabilize liquidity and operation, so that it is positioned to share more information with the community,” Celsius wrote on a blogpost.
“We operate with the whole community and all clients in mind when we work through this difficult period,” he added.Celsius collected $ 750 million in funding late last year, reached an assessment of $ 3 billion.The American-Israeli company has processed a loan worth $ 8.2 billion and has assets of $ 11.8 billion in May this year.
Earlier this month, Cryptocurrency Broker Voyager Digital was deferred by all trade, withdrawal of deposits and loyalty rewards, because Crypto Hedge Fund Top Three Arrows Capital (3AC) submitted bankruptcy in the US, where Voyager has made significant investment.
This development came as a popular crypto token such as Bitcoin and Ethereum which was scrap it almost 70 percent of the highest record amid the economic destruction.Last month, Vauld Cryptocurrency Exchange decided to reduce the number of employees by around 30 percent.
Cryptocurrency Exchange based in Singapore Bybit has dismissed 2,000 employees while Crypto Global exchanges and companies including Coinbase, Gemini, Crypto.com and others announced to save their workforce.