Celsius Files to Resume Withdrawals for Select Customers
If approved, the $50 million withdrawal will only be available to customers with digital assets in Custody and Withhold accounts.
If approved, the $50 million withdrawal will only be available to customers with digital assets in Custody and Withhold accounts.
Concerns regarding expenses continue despite the approval.Â
The platform is in a worse financial position than previously expected.
Celsius' legal troubles are far from over as Californian authorities have accused the lender of offering unregistered digital securities to
Customer.io eventually admitted that Celsius' data has been exposed as well.
The Thai SEC questioned Zipmex's decision to halt withdrawals while the exchange outlined plans on how to resume them.
The former executives claim that Celsius had internal issues like poor risk management, disorganization, and market manipulation.
Celsius' lawyers claimed that almost 80% of the funds deposited on the platform were at its disposal, not the users'.
The Tezos co-founder believes that Celsius' bankruptcy and other shakeouts in the industry are things that just wouldn't have worked.
Bitcoin managed to sustain its prive above $20,000, Ethereum's merge was confirmed for September under a "soft schedule," and Celsius