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The judge approved the Celsius settlement agreement, allowing for the return of 72.5% of the cryptocurrency assets to the custodial account holders

2023-03-22 08:47:25

ChainCatcher news, a U.S. federal judge has approved a settlement agreement between Celsius debtors, the unsecured creditors committee, and a special committee of custodial account holders. Celsius custodial account holders who choose the newly approved settlement agreement can receive 72.5% of their cryptocurrency in their custodial accounts. According to the terms of the agreement, the 72.5% fund return will be implemented gradually, excluding transaction fees. (The Block)

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