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.
ItsMe /
npub1ff…hlh2j
2023-01-05 02:51:28
Author Public Key
npub1ff5wcmjjlq8j7zzv8lwymatpm5a3lez85wzxk683u37sns24zmks3hlh2jSeen on
wss://relay.nostr.bandPublished at
2023-01-05 02:51:28Event JSON
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"content": "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 \n\nI'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.\n\n* 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.",
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