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Celsius Network Allows Full Withdrawal of Custody Assets for Eligible Users

Cointime Official

May 5 (Cointime) - Celsius Network LLC,  a bankrupt cryptocurrency lending company, has announced that eligible users will now be able to withdraw 100% of their Distributable Custody Assets.

"Beginning today, Eligible Users will be able to withdraw 100% of their Distributable Custody Assets less certain transaction fees. Eligible Users were previously authorized to withdraw 94% of their respective Distributable Custody Assets." Celsius wrote in a tweet.

The announcement comes after the Court approved the distribution of the remaining 6% of Eligible Users' Custody Assets, bringing the total distribution to 100%.

The Custody Assets in question include pure custody and transferred custody below $7,575 at the time of transfer. 

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