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US Court Orders Celsius To Return $44 Million Crypto Assets In Escrow accounts To Users


During a hearing held on December 7, a US court ordered Celsius that it return approximately $44million worth of cryptocurrencies to users who had escrow accounts. This is just a fraction of the money that has been left on users’ platforms. Bloomberg reports that Judge Martin Glenn, U.S. Bankruptcy Court, issued an order that crypto lending platform Celsius be closed.



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