Major crypto lender Celsius freezes withdrawals as markets tumble

Re:Major crypto lender Celsius freezes withdrawals as market... by jjav on Monday June 13, 2022 @02:12PM (#31729203)

> Wachovia and Washington Mutual essentially failed in 2008 and no one lost anything

Account holders shouldn't have lost (haven't checked) but the stock evaporated overnight, so anyone holding any shares lost everything in a blink.

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Re:Major crypto lender Celsius freezes withdrawals as market... by lizknope on Monday June 13, 2022 @07:57PM (#31733183)

I had around $47,000 in Wachovia in 2008. I was a Wachovia customer since 1991. I didn't lose a penny. Wells Fargo bought Wachovia and over the next year they automatically transitioned us to Wells Fargo accounts with the same login/password, account numbers, and my account balance. I'm still with Wells Fargo 14 years later and everything is fine.

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