custody

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Celsius to repay 72.5% of the crypto assets on custody account settlement

0xMain
March 21, 2023

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A federal judge authorized a settlement in the bankruptcy case of the defunct crypto lender Celsius. Holders of custodial accounts can now collect 72.5% of the crypto in such arrangements. During a hearing on March 21 in the US Bankruptcy Court for the...

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Hester Peirce opposes new SEC proposal on crypto custody

0xMain
February 16, 2023

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The SEC commissioner has joined the Crypto Twitter discussion to criticize her agency’s most recent crypto proposal. The US Securities and Exchange Commission Commissioner (SEC) Hester Peirce, who is no stranger to butting heads with her agency, on Feb. 15, called into question...