Cryptocurrency custodian Prime Trust has agreed to return approximately $17 million worth of assets to the bankrupt Celsius Network.
Celsius Network sued the company in August, alleging that Prime Trust had improperly withheld the tokens at the time their contract was terminated. pertaining to Celsius assets of $120 million Prime Trust, which owns it, returned most of these funds when its relationship with Celsius ended. Celsius, however, for the last $17 million in assets that Prime Trust claims it has not returned. legal means had applied.
Celsius claimed that the total value of the asset, which Prime Trust did not return, was worth 17 million. According to the information disclosed, these assets include 398 Bitcoins (BTC), 196,268 CEL tokens, 3,740 Ethereum (ETH) and 2.2 million USDC was located.
Prime Trust held a designated sale of assets at a hearing on Thursday. Celsius said it will be sent to his wallet.
Over the past few weeks, Celsius Network has made the list of its creditors public. top 10 creditor’s 2 billion first on the list that it has assets on 50′in 4.5 million There are no investors with less than $$.