Connect with us

BlockChain

Crypto Lender Celsius’ Bankruptcy Judge Orders It to Return $50M of Crypto to Custody Account Holders: Bloomberg

Published

on

Crypto Lender Celsius’ Bankruptcy Judge Orders It to Return M of Crypto to Custody Account Holders: Bloomberg



According to the filing, Celsius has about 58,300 users who collectively deposited over $210 million with its custody and withhold, with 15,680 customers holding “Pure Custody Assets” worth around $44 million. The Bankruptcy Court for the Southern District of New York, which is overseeing the case, scheduled a hearing for Oct. 6 to discuss the matter.



Source link

I'm a journalist who specializes in investigative reporting and writing. I have written for the New York Times and other publications.