Paxful reimburses Celsius Earn deposits to affected company members

Paxful reimburses Celsius Earn deposits to affected company members
About a week ago, an agreement between Celsius and owners of Celsius depots was reached. As a result, the latter group was promised to reimbursement of up to 72.5 % - half on site and the other half by the end of the year - if they signed their right to further legal disputes.
you earn users who are hung up for drying
The vast majority of users had no custody account accounts. No reimbursement has been promised owners of Earn accounts, since the judge agreed that Celsius' TOS proved that customers had overwritten their cryptos. The only compensation that was promised to this customer was equity in a new company founded by the sponsor of the deal.
Last night Ray Youssef-CEO von Paxful-announced that he would refund those in the Paxful Community, which were also Celsius Earn users.
we did the right and reimbursed pic.twitter.com/aqox7qspoh
- Ray Youssef (@Raypaxful) 29. March 2023
reimbursed
Although the cross-section between Celsius Earn users who are annoyed by the reimbursement agreement is relatively small, the gesture will heal some of those who had previously lost hope of seeing their money again.
It is unclear how many users are involved - but Youssef confirmed that the entire amount reimbursed will be around 8.8 BTC, which would be taken from the Paxful coffers.
Yousef also apologized to the community for the earlier participation in Celsius via and explained that he and his company had to know better than to trust the promised high apy returns.
originally believed the Paxful employees that the bankruptcy contract achieved by Celsius and his creditors would also include creditors who are connected to third parties with third parties such as those of Paxful Earn.
Unfortunately, Paxful quickly realized that the attempt to reimburse common customers from the comparison in question was a hopeless case.
"You always hoped that users could be credited, but the small print made it clear that only their direct users had this chance, not those who came from other providers like Paxful. Under no circumstances will they do the right one for people from the global south. We had to strengthen ourselves."
The news was recorded by other crypto entrepreneurs and investors with applause that Youssef praised to advance with a good example and put the users in the first place. With a little luck, this will inspire other entrepreneurs in similar situations to continue the trend.
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