Celsius Custody customers finally begin withdrawals 263 days after freeze By Cointelegraph

by — March 4, 2023 in Business
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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 March 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.

An email sent from Celsius to eligible customers on March 2. Source: Twitter
Celsius customers discussing withdrawal processing times on Reddit. Source: Reddit
A Reddit user claimed they were told their request could take days to process. Source: Reddit