Post
Topic
Board Altcoin Discussion
Re: Celsius won $4.2B worth of customers funds
by
docxdrl
on 14/01/2023, 11:41:55 UTC
Once the bankruptcy status has been granted to celsius, no customer will get their money back. They will have to liquidate all their assets and their creditors (read financial institutions) will get the proceeds. Once the creditors are paid back, the customers will get a refund if anything remains in their account after all these payments. Bankruptcy essentially means that the retail creditors will lose their money.

So all the best!


is there no way possible whatsoever for the customer to get back their money?