New York digital currency exchange Celery freezes deposits and withdrawals, a possible sign of absconding

New York-based digital currency exchange Celery has suspended services on the platform but has so far declined to give a specific reason.

Celery, which was launched by trading platform provider BTX Trader in mid-2014, has now frozen deposits, withdrawals and orders, according to a statement on the site. The news was originally published at 9:45 a.m. Eastern Time in North America.

However, the exchange did not provide any explanation.

When contacted, Celery founder Ilya Subkhankulov declined to comment.

“At this moment, I have no comment,” Subhankulov said in an email, when asked when users could expect the update, adding that the exchange would release the information “as soon as possible.”

A customer of the exchange told reporters that they did not receive any notification from the platform before the service was frozen. Some Celery users have reported the problem on social media.