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Celsius Network execs deny rumors of significant losses amid market volatility -Breaking

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According to Celsius Network executives, there are no significant market losses despite rumors.

The fallout from extreme volatility in the crypto market hasn’t significantly affected Celsius Network, according to its leadership.

In apparent response to a tweet that was deleted by Twitter user David Belle, Claimed the platform had been “completely wiped out,” Celsius CEO Alex Mashinsky posted a message to his more than 172,000 Twitter followers that “all funds [were] safe” and the platform was continuing to do business. Mashinsky acknowledged the “extreme market volatility” currently impacting projects including (LUNA) and stablecoin TerraUSD (UST).