Celsius Agrees to Liquidate Tokens and Rare NFTs in Settlement with KeyFi Founder

Quick Summary:

Bankrupt crypto lender Celsius may finally be seeing the end of its heated lawsuit with KeyFi founder Jason Stone.

According to a court filing last week, the two parties have now reached a settlement agreement, one that may hold serious implications for the crypto and NFT markets in general.

KeyFi will also transfer the $1.1 million proceeds of a Mutant Ape Yacht Club sale to billionaire Adam Weitsman that is currently being held in escrow.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: India

Topics: News Latest News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-16 @ 06:12:06 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 404 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 21647819

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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News Last Updated: 11 hours ago

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