I would like to know what occurs with Celsius Earn accounts. Specifically, I'm interested in understanding the status and implications for these accounts.
5 answers
emma_carter_doctor
Mon Dec 09 2024
This freeze on withdrawals was implemented to ensure that no funds were moved out of the accounts once the bankruptcy process began.
HallyuHeroLegend
Mon Dec 09 2024
The bankruptcy stay, a legal provision, further prohibited any withdrawals from the Earn Accounts following the filing of the bankruptcy.
Raffaele
Mon Dec 09 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet services.
alexander_watson_astronaut
Mon Dec 09 2024
Prior to the bankruptcy filing of Celsius Debtors in July 2022, the Earn accounts held cryptocurrencies worth approximately $4.2 billion.
DigitalDragonfly
Mon Dec 09 2024
The Debtors took preemptive action by freezing withdrawals from the Earn Accounts shortly before the bankruptcy was declared.