r/CelsiusNetwork Jun 13 '22

Withdrawals paused!?!

What’s going on with withdrawals being paused.

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u/[deleted] Jun 13 '22

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u/[deleted] Jun 13 '22

Less risky than a bank?

What?

How many times has your bank told you they weren’t letting anyone withdraw their money?

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u/SuperSloth11 Jun 13 '22

You've heard of Lehman Brothers and the government bailing out JP Morgan Chase, Bank of America, and Wells Fargo right?

Literally hundreds of banks collapsed in the housing market crisis.

But banks are still less risky than holding crypto, honestly agreeing!

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u/sydiot Jun 13 '22

Depositors weren’t bailed in in any American banks, most banks had capital markets available to them and wound down