In the latest court ruling, Celsius Network has been rewarded the rights to interest-bearing accounts, pushing actual account holders to the end of the repayment queue.
Big Blow For Earn Account Holders
Celsius customers can forget about getting their funds back from the defunct crypto lending platform as the new year has brought even more unfavorable tidings for them. On January 4, a New York judge ruled in Celsius’s favor, establishing its rights to earn deposits on interest-bearing accounts held on the lending platform. This spells bad news for the customers as this means that Celsius Earn account holders can only get a fraction of their initial investment back.
Celsius is also currently under fire because of its pending bills with the mining company Core Scientific. According to an agreement between the two, Core Scientific has turned off power to 37,000 mining rigs belonging to Celsius due to non-payment of electricity bills.
Judge Rules In Favor Of Celsius
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We współpracy z: https://cryptodaily.co.uk/2023/01/celsius-wins-rights-over-customer-crypto-deposits
