Celsius Update - Check How Much Celsius Network Owes You | LATEST UPDATE!

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Avatar for Ashma
Written by
2 years ago

Celsius Network has recently published a document where users can check how much Celsius Network owes us and it will be considered at the time of distribution. In this article, we will look at how to check through the document and what to do if there is a difference between the actual amount and the showing amount in the document.

Step 1: Locate/Download the Document

The announcement came from the Celsians which is an unaffiliated community. You can find their tweet regarding this and can also follow them for future updates.

Celsian Tweet

You can download the document using the link below, click on it and a pdf will open, it will show something like shown below. If possible use a laptop or personal computer to access the document as it will be much easier to search through the document of thousands of pages than searching on a mobile phone.

Document - stretto document (Celsius Netowrk)

Step 2: Go By the Initial Of Your First Name

Now on the same document go to page 92 where you will see the initials, select one which is yours, click on it and you will be redirected to another document.

Step 3: Find Your Name And Check Your Assets!

Now if you click on the initial you will be directed to the pdf where you can check all the details related to your assets. In this document, the name of the creditor, and the addresses of the creditor if its business but the addresses of individual creditors are redacted, and the asset details from various accounts like Earn account, custody account, and the collateral on loan.

Here instead of searching manually use the search option, if the software you are using does not have a search option, then click 'Clrl + F' and search for your name, you will get the search results and then you can check your assets. This is how you can check how much Celsius Network owes you.

If you think all of your assets are properly recognised in the document then there is NO NEED to file a claim.

General Queries

Here is the list of general queries which might clear your doubts, if you have any query other than this or anything you can comment down.

1) What if your name is a common name?

Since the document consists of thousands of people, it is possible that there will be many people with the same name. There is nothing you can distinguish based on but if you check and match one of the assets from Celsius App and the document, you might be able to find your account as it is very less probable to have the same assets to the decimal levels.

2) Why my balance is different than what is shown on the app?

The assets shown in the document are taken from the 13th of July and some accounts are eligible to get the rewards from the 8th-13th of July, that amount is added to your assets shown in the document but it has not been updated in the app, so it might be possible you will see a little larger amount shown in the document than what it is on the app.

3) What if my assets are less compared to what I hold?

If you think the assets shown in the document are not proper or less than what your think then you can file the claim on stretto but make sure you are only filing this claim if you are sure.

4) How to file a claim and what's the deadline to file a claim?

Currently, there is no deadline to file the claim but keep following the updates regarding this as you won't miss the deadline if there is any set by the court afterward. And regarding how to file a claim, the detailed guide will be shared with you through the mail (associated with your Celsius Account) once the court approves the issue.

5) How to make sure Celsius has my correct contact info?

If you think or are not sure if Celsius has your correct or updated contact information then you can contact Celsius customer support through the web form, which you can find here:

https://celsius.network/customer-care

Hope you find this article helpful, if yes then do share it within your circle and make sure to spread this update to everyone who is affected by the Celsius drama.

If you have any other questions related to this or anything else feel free to comment. Sharing is Caring!

For more updates regarding Celsius and other ongoing things in the crypto space do follow me.

Thanks For Your Time!

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+ 3
Avatar for Ashma
Written by
2 years ago

Comments

It is informative and detailed blog about Celsius Update. However, I have some doubts which I want to clear in form asking a question, I haven't used this app (Celsius) before, do I need to check it as well? Thanks for sharing and information

$ 0.00
2 years ago

If you are not a user of Celsius Network then there is no need to check as this is the information of users who have staked their money in the Celsius Network.

$ 0.00
2 years ago

Thank you, ash! Found my name. Too bad the power was down here so can't continue the checking. So what's next after this?

$ 0.00
2 years ago

If you see your name and assets correctly then nothing to do much right now, just ensure that everything is correct. After this court hearings will continue and waiting for approval on restructuring or something else (other options). In short long way to go :)

$ 0.00
2 years ago

You mean loooooooooooooooooooooooooooooooong way to gooooooooooooooooooo. Thanks, ash!

$ 0.00
2 years ago

hahaha cut off some oooo's, i don't want my children to wait for Celsius withdrawals...LOL!

$ 0.00
2 years ago

Hahahaha. Sorry, sorry. 😅😅

$ 0.00
2 years ago

😅

$ 0.00
2 years ago

Thanks for this helpful article. Let's hope our assets will be returned in full and that we don't have to wait 8 years!

$ 0.00
2 years ago

Oh, you also have assets in Celsius?

$ 0.00
2 years ago

hope so! glad you find the article helpful and hope this mess gets over soon!

$ 0.00
2 years ago