Celsius is returning funds, but not mine. Just the ones they have no rights to. Celsius said that customer assets held in the "Custody Program and Withhold Accounts" are not the company's property and thus customers should be allowed to withdraw them. Celsius argues that customers of the custody program own their assets, unlike customers of its Earn or Borrow programs. "The Debtors believe that assets in the Earn Program and the Borrow Program are likely property of their estates, and that the transfer of such assets to Custody Program or the Withhold Accounts would have been a transfer of the Debtors' property to customers on account of such customers' claims against the Debtors," Celsius said in the filing. #crypto
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