Coinspeaker
Celsius Network Allows Withdrawals for Qualified Custody Clients
Bankrupt crypto lender Celsius Network has announced that some clients with custody assets can now make withdrawals from the platform.
Celsius which previously stopped withdrawals on its platform declared Chapter 11 bankruptcy in July 2022. Since then, many customers lost access to their assets. According to a court document, roughly 58,300 users hold “custody assets” valued at around $210 million on the platform.
Celsius’ Clients to Access About 72.5% of Funds
Per the new announcement, customers with Class 6A General Custody Claims and/or Class 6B Withdrawable Custody Claims can proceed to withdraw up to 72.5% of their claims.
However, clients who previously opted for custody settlement are exempted from the new deal. Likewise, customers who rejected the reorganization plan will not be eligible to make withdrawals. Instead, these customers will have their funds pooled into a segregated wallet managed by
We współpracy z: https://www.coinspeaker.com/celsius-network-withdrawals-custody-clients/
