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In July 2022, Celsius filed for bankruptcy freezing all customer withdrawals and trapping billions of dollars in user funds. - Don't trust, take full control of your assets

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In July 2022, Celsius filed for bankruptcy freezing all customer withdrawals and trapping billions of dollars in user funds. - Don't trust, take full control of your assets

This is not a single case, FTX, Voyager Digital and Mt. Gox were large cryptocurrency platforms that suffered catastrophic failures resulting in lost user funds.

For true financial sovereignty, you must take full control of your assets. The safest way to hold your crypto is in a personal, non-custodial wallet where you, and only you, hold the private keys. While exchanges can be convenient for trading, history has proven that keeping significant long-term holdings there is a risk too great for many to bear.

submitted by /u/CriticalCobraz
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