A federal judge has ordered cryptocurrency lender Celsius to provide consumers of the platform's custody program access to cryptocurrency valued at about $44 million.

The money is made up of cryptocurrency kept in custody accounts on Celsius and wasn't moved from earned accounts.

A federal judge has ordered cryptocurrency lender Celsius (1) to provide consumers of the platform's custody program access to cryptocurrency valued at about $44 million. United States Bankruptcy Judge Martin Glenn reportedly gave the spoken order during a hearing on December 7 and noted:

"I want to see this case through. I want the creditors to get their whole amount back as quickly as possible. The sum is a minuscule portion of the billions Celsius owes creditors, and the most recent disclosure solely refers to cryptocurrency kept within custody accounts. The choice was made when stakeholders and Celsius advisors agreed that the platform's users, not it, owned the cryptocurrency in the custody accounts.

It is significant to note that this judgment solely relates to assets stored in the custody program that have never touched Celsius' Earn accounts have never touched.