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

Texas Objects to Celsius Plan to Fund Operations With Stablecoin Sales

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.

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