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REGULATION
by
2 years ago

Celsius clients resume withdrawals after a 263-day suspension

2023-03-03

REGULATION
by
2 years ago


Some Celsius clients reported being able to withdraw money from a bankrupt crypto company for the first time, about 263 days after the lender suspended their withdrawals before filing for bankruptcy.

 



Ref: Celsius on Twitter


As of March 2, some customers holding money in Celsius's Custody account were delighted that they were finally able to withdraw money from the lender.

 

Customers reported that they received an email a few weeks ago. This indicates the list of eligible withdrawals. Before receiving it again on March 2, it says that the withdrawal has been processed.

 

However, there are people whose withdrawal requests are extremely pretentious.

 

On January 31, Celsius published details of who is eligible to withdraw funds, with only customers who previously held funds in custody accounts currently able to withdraw their funds, with 94% of the original funds being refunded.


Read More:  Custody Account Withdrawal FAQ 


Photo Credit: Link

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