Bankrupt Crypto Lender Celsius Is Selling Hundreds of NFTs and Some Tokens! Here are the Details
Release: 2024/07/16 03:03 Reading: 542
Celsius Reaches Settlement with KeyFi Founder Jason Stone
Bankrupt cryptocurrency lender Celsius has finalized a settlement agreement with KeyFi and its founder, Jason Stone. The deal resolves a lawsuit and countersuit between the two parties.
Assets Transfer to Celsius
As part of the settlement, KeyFi will transfer numerous assets to Celsius, including:
- Wallets containing various tokens (e.g., Dogecoin, USD Coin)
- Valuable NFTs (e.g., CryptoPunks, Fidenzas, Meebits)
- $1.1 million from the sale of a Mutant Ape Yacht Club NFT
Celsius intends to liquidate these assets within the next twelve months.
Payments and Liquidation
Celsius will make an initial payment of $300,000 to KeyFi and Stone, along with a rare NFT. Following liquidation, Celsius will pay KeyFi 10% of the proceeds, up to $500,000.
Valuable NFT Collection
The transferred wallets contain notable NFTs, such as:
- 13 CryptoPunks
- 3 Fidenzas
- 19 Meebits
- 4 Mutant Apes
- 14 Otherdeeds
- NFTs from World of Women, Art Blocks, Rarible
Note: This article is not intended as investment advice.
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