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Celsius custody customers begin withdrawing funds, details inside

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Bankrupt crypto lender Celsius Network has finally opened up withdrawals for certain customers, almost a year after it suspended withdrawals before filing for Chapter 11 bankruptcy.

Customers who held Celsius custody accounts have been able to withdraw their funds from the bankrupt crypto lender as of 2 March.

As per Celsius’ official statement , withdrawals were reopened for “Distributable assets in certain Custody Accounts.” Overjoyed Celsius customers have been sharing their withdrawal stories on social media including Twitter and Reddit.

The withdrawals resumed 263 days after they were first suspended in June last year. Customers who were eligible to withdraw received an email from the bankrupt lender, which asked them to submit requests for withdrawals following know-your-customer (KYC) completion.

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