I am extremely afraid of clawback stuff. I wonder how probable it is. And if there is presidence.
There is clearly precedence in Chapter 11 bankruptcy filings for non-crypto financial entities. As far as I am aware, Celsius will be the first time such a law has been tested for crypto.
I am happy to give back all my yields. Giving them all my principal would ruin me. Especially cause i went from Celsius to ftx.
This raises some very interesting points. Given that FTX is now insolvent, you can prove you do not have access to the funds. Or what if someone withdrew from Celsius, deposited to FTX, and then withdrew the same capital from FTX? There would now be two different entities both trying to clawback the same funds. Very messy situation indeed.
How would that look like. I am non-us citizen in europe.
Given that you are a non-US citizen, Celsius would likely have to pursue you through the legal system of whatever country you reside in. This would be both a lengthy and costly process for them. Unless you withdrew crypto worth millions of dollars, it probably isn't going to be worth their time to come after you.