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Home > News > Bitcoin News > Embattled Crypto Lender Celsius Network Allocates $25M for Custody Account Withdrawals, Burns $500M in Wrapped Bitcoin

Embattled Crypto Lender Celsius Network Allocates $25M for Custody Account Withdrawals, Burns $500M in Wrapped Bitcoin

Crypto lender Celsius Network, which is currently operating under bankruptcy protection, has established a crypto wallet with $25 million of digital assets for Celsius’ custodial account holders to withdraw, blockchain intelligence firm Arkham Intelligence said in a report.

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