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Service Freeze Continues at Digital Currency Exchange Celery
Services remain halted on digital currency exchange Celery, a week after the freeze was first announced.
Yazan Stan Higgins
Services remain halted on digital currency exchange Celery, a week after the freeze was first announced.
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On 4th May, the New York-based exchange posted an update to its website, stating that it was suspending withdrawals, deposits and existing orders. Yet the statement was short on details, and as of today, the exchange has not yet detailed its reasoning behind the stoppage.
When reached for comment, founder Ilya Subkhankulov said that he was in the process of drafting an update on the situation, though when asked about the timing he said that "an update today is unlikely".
In the meantime, users have continued taking to social media to criticize the lack of clarity. Some users reported that when they were able to log in to the site, their balances showed no funds. At least one user claimed to have sent complaints to federal agencies like FinCEN and the Federal Trade Commission.
According to Subkhankulov, the reported issue is "an unintended side effect of the system-wide freeze".
Celery was launched in 2014 by BTX Trader, a multi-exchange trading platform.
CoinDesk will continue monitoring this developing story.
Stop light image via Shutterstock
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Bilinmesi gerekenler:
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- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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