Celsius Custody customers finally begin withdrawals 263 days after freeze

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263 days after withdrawals were first frozen, some Celsius customers report they have finally been able to get back a portion of their locked funds.

Some Celsius customers have reported being able to withdraw funds from the bankrupt crypto firm for the first time, some 263 days after the lender froze withdrawals in the lead-up to its bankruptcy filing.

According to numerous social media posts, as of Mar. 2, certain customers who held funds in Celsius’ Custody accounts have been overjoyed that they were finally able to withdraw their funds from the lender. Glad to be one of the few to get their money back in almost one piece. Hoping everyone else will receive theirs in due timeCustomers report they received an email a few weeks ago listing those who were eligible to remove their funds, before receiving another on Mar. 2 noting withdrawals could be processed.While some users who whitelisted wallets ahead of their withdrawal attempt received their funds within minutes, others pointed to large delays.

 

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It is true... I got over 2+ ETH out of my custody account. But I still have far too many coins in my earn account that have been ruled to be part of the Ch.11 estate.

When you are in Bitcoin just for the hype, this is the outcome. Anyone with a sane mind and a good grasp over bitcoin knows that - ' Not your keys, not your coins.'

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