ItsMe on Nostr: https://www.axios.com/2023/01/04/celsius-bankruptcy-earn-accounts | ...
https://www.axios.com/2023/01/04/celsius-bankruptcy-earn-accounts | https://web.archive.org/web/20230105022547/https://www.axios.com/2023/01/04/celsius-bankruptcy-earn-accounts
I'd say that the contract wording was part of this, but if the depositors had retained their own privkeys*, I doubt that there would be any funds left exposed for the bankruptcy judge to rule on.
* Or even some "M of N keys" arrangement, where Celsius and its creditors couldn't do anything with the funds without the depositors' say-so.
I'd say that the contract wording was part of this, but if the depositors had retained their own privkeys*, I doubt that there would be any funds left exposed for the bankruptcy judge to rule on.
* Or even some "M of N keys" arrangement, where Celsius and its creditors couldn't do anything with the funds without the depositors' say-so.