Not Your Keys, Not Your Coin: Bankruptcy Court Looks to Contract Law to Determine Consumer Interest-Bearing Crypto Deposits Belong to Celsius’ Bankruptcy Estate
Troutman Sanders
JANUARY 18, 2023
Throughout the latter half of 2022, filing for bankruptcy became a reality for many high-profile crypto firms. At its peak, Celsius offered high yields on Earn account deposits, such as 5% for Bitcoin and up to 10% for certain USD-pegged stablecoins.
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