Mini perfusion – The bankruptcy of Celsius, which caught almost everyone, and even this seer, off guard, pushed the platform to shake up its former partners, to bail out its coffers.
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The return of bitcoins: the hunt was good for Celsius
Better than nothing ! On October 20, during a hearing in bankruptcy court for the Southern District of New York, crypto services provider Prime Trust agreed to return Celsius the $17 million in cryptocurrencies. He kept them when the two companies ended their partnership in June last year.
Pressed by these creditors, Celsius engaged in a hunt for bitcoins and ethers. In August of this year, the company had taken the necessary steps to recover these cryptocurrencies from Prime Trust.
At the time, the crypto lending platform also requested damages, the amounts of which would be defined during the trial.
These 17 million dollars, when they are actually returned, are a breath of fresh air for a Celsius who is not only bent under the colossal weight of his debts accumulated before his bankruptcy, but which are also now strangled by multi-million dollar legal fees.
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