Cryptocurrencies
Bankrupt Crypto Firm Celsius Says Some Users Can Withdraw Assets
- Eligible customers of crypto lender’s Custody program can exit
- Celsius and former CEO Mashinsky have faced heavy criticism
This article is for subscribers only.
Some users of bankrupt crypto lender Celsius Network’s Custody program will be able to withdraw 94% of their eligible assets, according to a court filing.
The fate of the remaining 6% will be decided by the court at a later date, Kirkland & Ellis LLP said on behalf of Celsius in the filing Tuesday.