Celsius faces legal battles over staked Ethereum and leaked internal info, while NovaWulf plans tokenization of equity.

1 min read
Source: BeInCrypto
Celsius faces legal battles over staked Ethereum and leaked internal info, while NovaWulf plans tokenization of equity.
Photo: BeInCrypto
TL;DR Summary

Celsius, a bankrupt crypto lender, has withdrawn over 6,000 staked Ethereum worth over $13 million since the network-enabled withdrawals through the Shapella upgrade. The lender plans to sue a creditor for leaking confidential information. Meanwhile, centralized crypto exchanges account for around 85% of entities waiting to withdraw their staked assets, with Kraken accounting for most of the pending withdrawals with 556,321 ETH. The recent regulatory actions in the United States could be forcing firms in the region to withdraw their staked ETH.

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