US court to recover $22.5M in crypto

A group of irate creditors claimed that the 

suspension of withdrawals on Celsius custody 

goes against the explicit language of the company's terms of use.

As displeased users take legal action to recover 

their funds after the platform frozen 

withdrawals in June, the bankrupt cryptocurrency 

lender Celsius is dealing with more legal issues.

The U.S. Bankruptcy Court for the Southern 

District of New York on Wednesday received a 

complaint from an unofficial group of 64 Celsius custodial 

account holders seeking the return of their assets.

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