John Buzolits, a 35-year-old Southampton native and a Holy Ghost Prep alumn, could lose a hefty part of his retirement due to the problems Celsius Network has been experiencing as a result of the crypto market crash, writes Vicky Ge Huang for The Wall Street Journal.

Three weeks ago, the crypto lender took the drastic step of stopping withdrawals from its customers. By now, most are losing hope they will ever be able to get their locked-up crypto back.

Buzolits opened a Celsius account in March. He used bitcoin as collateral to take out a loan of 62,500 in a stablecoin called USD Coin.

On June 12, Buzolits became concerned and repaid his loan. He then attempted to withdraw his six bitcoin, which were worth over $170,000 at the time. However, the transaction ended up ensnared in a security check.

After two weeks, he filed a complaint with the secretary of state’s office in Indiana.

“I think I’m a pretty levelheaded person, but it’s definitely causing anxiety because the six bitcoin is a healthy portion of my retirement,” he said. “Now I have to start over and rebuild from zero.”

Read more about John Buzolits in The Wall Street Journal.

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