Celsius said following court approval, eligible users would be able to withdraw the remaining 6% of Distributable Custody Assets from the platform. Until January, the same users, largely those who only ever held funds in custody accounts, had been limited to withdrawing up to 94% of their funds.
The announcement marked progress in getting some Celsius customers reimbursed for missing funds for the first time since the company froze withdrawals in June 2022, and later filed for bankruptcy in July.
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