Celsius faces new adversary claim as Ch11 court prepares to decide which assets fall in estate

Crypto platform Celsius is facing a new adversary claim in Manhattan from holders of around US$22.5 million in so-called “custody wallets”, who say they retain title to their digital assets unlike other depositors and should be exempted from its pause on withdrawals – just as the debtor asked its Chapter 11 judge for permission to return US$50 million in such accounts.