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Asharq Al-Awsat
Asharq Al-Awsat
Technology
Asharq Al-Awsat

Crypto Clients Beg for their Cash Back after Lender's Crash

Celsius Crypto Alex Mashinsky
An advertisement of Bitcoin, one of the cryptocurrencies, is displayed on a building in Hong Kong, on Nov. 18, 2021. (AP)

An Irishman at risk of losing his farm. An American having suicidal thoughts. An 84-year-old widow's lost life savings: People caught in the meltdown of crypto lender Celsius are pleading for their money back.

Hundreds of letters have poured in to the judge overseeing the firm's multi-billion-dollar bankruptcy and they are heavy with anger, shame, desperation and, frequently, regret, AFP said.

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