Why Nostr? What is Njump?
2023-01-05 03:51:28

ItsMe on Nostr: | I'd say that the contract wording was part of this, but if the depositors had ...

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.
Author Public Key
npub1ff5wcmjjlq8j7zzv8lwymatpm5a3lez85wzxk683u37sns24zmks3hlh2j