The crypto winter is in full effect, with the market for digital currencies deteriorating over the past month and exchange platforms that facilitate transactions on the blockchain facing the brunt of the damage.
Alex Mashinsky, head of crypto loan company, Celsius, is feeling the added heat as rumors of bankruptcy, flight risks, and a still-frozen platform loom over the company. The platform halted all user withdrawals this month, supposedly due to liquidity issues, something Mashinsky was poking fun of other platforms for doing just a year ago.
