Celsius requests creditors who withdrew more than $100,000 within the 90 days

Jiten171

Celsius bankruptcy administrators have informed creditors that those who withdrew more than $100,000 from Celsius within the three months preceding the bankruptcy must return a portion of the funds or face legal action. According to a notice released on Tuesday, account holders who withdrew over $100,000 within the 90 days before the bankruptcy announcement on July 13, 2022, may be subject to clawback. The document states that letters will soon be sent to the relevant accounts instructing them to pay 27.5% of the withdrawals made during the affected period. If they comply, they will be eligible for future distributions under the restructuring plan.

Indra55

Returning the funds is also a necessary matter.

Kahn332

It is imperative to proceed with the return of funds.

Jafar224

Isn't it excessive? Such a requirement seems to be unreasonable.

Isha000

Regarding this plan, it's important to take a closer look.