Nexo Wants to Buy Qualifying Assets of Celsius Network After Withdrawal Freeze

Nexo extends a letter of intent to buy part or all of Celsius Network's qualifying assets following the withdrawal freeze.

Nexo extends a letter of intent to buy part or all of Celsius Network’s qualifying assets following the withdrawal freeze.

Citing “extreme market conditions,” the company halted all withdrawals, swaps, and transfers between the accounts of its users, causing a stir within the crypto community.

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