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What Celsius Network’s bankruptcy case means for other failed crypto platforms
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fnlondon.comThe judge overseeing Celsius Network’s bankruptcy case is expected to decide if the crypto firm has full ownership rights over customer deposits, a key legal issue that may resonate for millions of other users of failed crypto platforms.
Judge Martin Glenn of the US Bankruptcy Court in New York is set to consider this week whether Celsius has the right to lend, sell and reinvest billions of dollars of crypto deposited in its high-interest accounts. Customers have clamoured for a return of their coins as quickly as possible,...
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