Celsius files lawsuit to recover $150M from staking platform StakeHound By Cointelegraph

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Bankrupt crypto lender Celsius Network has filed a lawsuit against liquid staking platform StakeHound after the company allegedly failed to return $150 million worth of tokens owned by Celsius.

According to a court document filed by Celsius, the company placed 40 million Polygon (MATIC), 66,000 (DOT), 25,000 staked Ether (stETH) and 35,000 Ether (ETH). Celsius highlighted that these tokens are worth a total of $150 million.

Excerpt of the court filing by Celsius Network. Source: Stretto