$50M to be returned by crypto lender Celsius to locked out users
Fri, Sep 2, 2022 12:55 PM

$50M to be returned by crypto lender Celsius to locked out users

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Crypto lender Celsius has motioned for $50M worth of the total $225 M held in the Custody Program and Withhold Accounts to be released to owners. These funds are not part of the bankruptcy estate, unlike funds from Earn and Borrow clients. Only customers of Custody and Withold Accounts and for custodied assets worth $7,575 or less in value will be eligible for the return.

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