Eligible Celsius users can withdraw all ‘Distributable Custody Assets’ following court approval By Cointelegraph
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Crypto lending platform Celsius has reported that certain users will be able to take out 100% of their original funds more than 300 days after the platform froze withdrawals.
In a May 4 announcement, Celsius said eligible users would be able to withdraw the remaining 6% of distributable custody assets from the platform following court approval. Until January, the same users, largely those who only ever held funds in custody accounts, had been limited to withdrawing up to 94% of their funds.
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Crypto lending platform Celsius has reported that certain users will be able to take out 100% of their original funds more than 300 days after the platform froze withdrawals.
In a May 4 announcement, Celsius said eligible users would be able to withdraw the remaining 6% of distributable custody assets from the platform following court approval. Until January, the same users, largely those who only ever held funds in custody accounts, had been limited to withdrawing up to 94% of their funds.
Continue Reading on Coin Telegraph
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