With the crypto lender's customers now unable to make withdrawals for a fourth day, some are beginning to lose hope that they'll ever see their savings again.
The embattled CEO of the Celsius Network has broken his silence on Twitter — with the crypto lender's customers now unable to access their digital assets for a fourth day.
Celsius abruptly froze withdrawals in the early hours of Monday — alongside swaps and transfers — with reports suggesting that the company is now hiring restructuring lawyers because of mounting financial problems.
Stressing that his team is working "non-stop," the crypto lender's CEO Alex Mashinsky said:
"We're 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."
A number of Celsius customers have expressed exasperation on the lack of updates from the company about what is happening.
One user who responded to Maskinsky's Twitter post had a simple message: Don't let me down.
"I had 45 ETH which I was saving for my new house. I'm crying and praying to God that I will be able to get that money out. It took four years and me working 100 hours every week to save. Can't sleep."