Why are so many people pulling their funds out of Celsius over this announcement?
I don't understand the rationale- you're grandfathered in to an interest bearing account that will no longer be accessible to new deposits. As long as the rates are acceptable to you why would you take it out now and be locked out of it (potentially) forever? To transfer it to a less reputable platform only for them to inevitably succumb to the same fate? I see it as a rare advantage that we are lucky enough to hold these accounts that the rest of Americans are now forbidden to use.