Cryptocurrency News

Nexo offers to buy out Celsius’ loans amid withdrawal suspension

06/13/2022

Less than a minute

2022.06.13 14:51

Nexo offers to buy out Celsius’ loans amid withdrawal suspension

There’s a glimmer of hope for the bear market’s most recent victim. Following reports that Celsius is insolvent, Nexo is offering a buy-out.

A Nexo representative told Cointelegraph that Nexo is trying to do the “right thing” as they are “mindful of the repercussions for retail investors & the crypto community.”

06/13/2022

Less than a minute

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