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Bankrupt Celsius Network is Selling All Altcoins of Customers to Convert them to Bitcoin and Ethereum.

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by COINS NEWS 103 Views

Bankrupt Celsius Network is Selling All Altcoins of Customers to Convert them to Bitcoin and Ethereum.

Beginning on July 1st, Celsians Network (Celsius) will convert all customer funds ( only altcoins ) to Bitcoin and Ethereum, with the exception of custody and withhold accounts. It will increase the bitcoin dominance even more just like Saylor said. They could have done it sooner rather than later, when the altcoins were up on Bitcoin instead of doing it when Alt ship is already sinking, they got scared given the regulatory environment, negotiations with the SEC and their bankruptcy court filing.

https://preview.redd.it/vcgqhzbqn66b1.png?736&format=png&auto=webp&s=f4e664ef2183fc53fbe3d625342ca3fb332415ba

Why everyone is so cruel to alt holders like that? Is there anyone in the sub affected by this or has funds in celsius?

submitted by /u/Ok-Hedgehog-7266
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