Some Celsius customers can withdraw their money

Some Celsius customers can withdraw their money

The bankruptcy cryptocurrency credit company Celsius announced the reopening of distributable assets in certain custody accounts.

After the update, some customers used social media to reveal that they were able to withdraw money for the first time since the lender was hired.

The Development comes after the United States Bankruptcy Court for the Southern District of New York Celsius has authorized to reopen with compensation for certain customers with assets.

criteria for resignation

Customers who meet certain admission requirements defined in the court file are only entitled to the procedure. For example, “pure” custody assets that were never in the EARN program or borrow program and were transferred directly to the Custody program can withdraw their money from the distributor. In addition, there is no upper limit for the number of digital assets that are entitled to pay in this category.

"" Transfer "Custody's assets are essentially the assets that were transferred to the Custody program in the 90 days before the bankruptcy application from the Earn-OR-Borrow program. Therefore, customers cannot withdraw with an overall assets that exceeds the above amount.

According to an earlier update, Celsius employees and affiliated companies-both current and former-including "insiders", were not authorized to withdraw assets.

delays and residues

Customers had received an e-mail a few weeks ago, in which they were listed, theirs who were entitled to To withdraw money.