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Which companies just had a verified incident, who lends to them and who owns them. Every claim carries its evidence level and its source. How we decide what is confirmed

Global Financial Service Disruptions

Celsius Network

crypto custodian · US · North America · Celsius Network LLC

Liquidity or solvencyStatus: resolvedTier 1Severity 5 of 5Evidence confidence: highAnalyst-verified

Crypto lender Celsius paused all withdrawals, swaps and inter-account transfers late on 12 June 2022, citing extreme market conditions. The pause was never lifted under normal operations and the firm later entered Chapter 11.

First disruption
Jun 12
First public signal
unknown
Acknowledged
Jun 12
Restored
resolved, time unknown
Duration
not established
DFX first recorded
Nov 5 14:58 UTC

What was restricted

withdrawalstransfers outtradingScope: institution wide

All withdrawals, swaps and transfers between accounts paused; CEL token fell about 55%; firm later entered Chapter 11.

Cause, kept in separate layers

What the institution said
'Extreme market conditions'; pause to stabilise liquidity
DFX classification
Liquidity or solvency (cyber: unconfirmed)
Wording used
extreme market conditions

Evidence