Today in Crypto: Celsius Keeps Withdrawals Closed

Crypto firm Babel Finance is looking to hire U.S. restructuring specialist firm Houlihan Lokey. Three Arrows Capital, which was ordered to liquidate last week, has taken steps in the United States to coordinate the disposition of its assets and maximize their value. The Wall Street Journal reported customers are beginning to lose hope they’ll ever see their money. Bloomberg reported that Tether’s backers say the stablecoin is backed up well by assets, but investors are still acting as if they're nervous, Bloomberg reported Sunday. The market value of Tether fell by roughly $600 million this week, according to CoinGecko data. The crypto market is the only one that operates on Saturdays, the report said. Source