Celsius, one of crypto’s biggest lenders, files for bankruptcy

Bankruptcy judge rules Celsius Network owns users’ interest-bearing crypto accounts

A federal bankruptcy judge ruled cryptocurrencies deposited into interest-bearing accounts at Celsius Network, a now-bankrupt cryptocurrency lending platform, actually belong to the firm – thanks to the fine print. The verdict gives Celsius ownership of the $4.2 billion in cryptocurrency that users deposited into its high-interest Earn program, according to a 45-page filing from the […]

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