Crypto firm Celsius, which halted all withdrawals, Swap, and transfers between accounts in mid-June 2022, has issued an update.

The company says it continues to take important steps to preserve and protect assets and explore options available to it. These options include pursuing strategic transactions as well as restructuring of Celsius’ liabilities.

The full statement by Celsius can be found below:

“Across Celsius today

Across Celsius today, we are focused and working as quickly as we can to stabilize liquidity and operations, in order to be positioned to share more information with the community. We are operating with the entire community and all clients in mind as we work through these challenging times.

We continue to take important steps to preserve and protect assets and explore options available to us. These options include pursuing strategic transactions as well as a restructuring of our liabilities, among other avenues. These exhaustive explorations are complex and take time, but we want the community to know that our teams are working with experts from many different disciplines.

Our relationship with the community and our clients has been a source of pride for all team members at Celsius, and we will continue to share information with our customers as and when it becomes appropriate”.