Crypto Lender Celsius Files to Return Custody Clients’ Funds

Celsius Reclaims $410M of 'stETH' Tokens After Paying Down $81M Debt to Aave

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, 2022 to discuss the matter.

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