As far as I know, you don't have any insurance on your coins
They don't.
no one knows if you will ever get compensated.
You won't
As I always do when questions such as this one arise, I suggest you go and
thoroughly read their Terms of Use to see just exactly what you are signing up for, and not be led by the marketing gimmicks of promising ridiculous risk free returns, which is obviously bullshit. In particular, read and consider the following statements (emphasis added):
In consideration for the Rewards payable to you on your Celsius Account and the use of our Services, you grant Celsius, subject to applicable law and for the duration of the period during which the Eligible Digital Assets are loaned to us through your Celsius Account, all right and title to such Digital Assets, including ownership rights, and the right, without further notice to you, to hold such Digital Assets in Celsius’ own Virtual Wallet or elsewhere, and to pledge, re-pledge, hypothecate, rehypothecate, sell, lend, or otherwise transfer or use any amount of such Digital Assets, separately or together with other property, with all attendant rights of ownership, and for any period of time, and without retaining in Celsius’ possession and/or control a like amount of Digital Assets or any other monies or assets, and to use or invest such Digital Assets in Celsius’ full discretion. You acknowledge that with respect to Digital Assets used by Celsius pursuant to this paragraph:
(i) You will not be able to exercise rights of ownership;
(ii) Celsius may receive compensation in connection with lending or otherwise using Digital Assets in its business to which you have no claim or entitlement; and
(iii) In the event that Celsius becomes bankrupt, enters liquidation or is otherwise unable to repay its obligations, you may not be able to recover or regain ownership of such Digital Assets, and other than your rights as a creditor of Celsius under any applicable laws, you may not have any legal remedies or rights in connection with Celsius’ obligations to you.
...
You agree to indemnify and hold harmless Celsius and its Affiliates, and their respective employees, managers, officers, directors, partners and shareholders from any losses, damages, suits and expenses, of whatever kind, including reasonable legal fees, that we incur in connection with or arising out of your access to or use of the Services
They can do anything they like with your coins, spend them in any way they like or give them to anyone they like, they won't tell you what they are doing with them, you give up all rights of ownership, and you have no legal rights to compensation should something go wrong. Essentially the whole thing comes down to Celsius
totally promise to give you more money than you give them, but if it all goes wrong, well sucks to be you. They use your coins to make themselves profits while passing all of the risk on to you.
