Amidst Ongoing Bankruptcy, Celsius Withdraws ETH Stake

Despite the advice of experts and attorneys, Celsius’ management intends to postpone filing for Chapter 11 bankruptcy. Instead, consumers are invited to demonstrate appreciation by using “HODL Mode” on their accounts, which effectively blocks outbound transfers. Conversely, Celsius has once again withdrawn its Ethereum (ETH) holdings in Bancor’s liquidity pool to settle debts and maintain …