Showing posts with label Celsius. Show all posts
Showing posts with label Celsius. Show all posts

Friday, March 3, 2023

263 Days Later: Some Celsius Customers Can Withdraw Their Funds

 Whitelisted accounts will be able withdraw 94% of their original funds.

The bankrupt cryptocurrency lending firm Celsius announced the reopening of Distributable Assets in certain Custody Accounts.

Following the update, some customers took to social media to reveal being able to withdraw funds for the first time since the lender halted its services last June.

The development comes a month after the United States Bankruptcy Court for the Southern District of New York authorized Celsius to reopen withdrawals for certain customers with assets held in Custody Accounts.

'Groundhog Day' in Crypto as Bitcoin Again Plunges Following New Record

The world's largest crypto briefly rose above $70,000 Friday, but immediately tumbled about 5% to below $67,000 It's deja vu all ove...