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Home»Regulations»Crypto Lender Celsius’s Retail Customers May Bear Brunt of Bankruptcy
Regulations

Crypto Lender Celsius’s Retail Customers May Bear Brunt of Bankruptcy

July 18, 2022No Comments1 Min Read
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β€œIn particular, Celsius has pointed out in its pleadings that customers transferred ownership of crypto assets to Celsius, making those customers unsecured creditors. This detail may undercut customer expectations, who thought they were depositing their assets into a construct similar to a traditional bank,” Gwen added.

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