Dozens of Celsius clients ask US court to recover $22.5M in crypto

Cointelegraph

Published Sep 01, 2022 07:18AM ET

Updated Sep 01, 2022 09:40AM ET

The bankrupt cryptocurrency lender Celsius Network is facing more legal issues as disgruntled clients are taking action to recover their funds after the platform froze withdrawals in June.

On Wednesday, an ad hoc group of 64 custodial account holders at Celsius filed a complaint with the United States Bankruptcy Court for the Southern District of New York to recover their assets.

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