{"id":558875,"date":"2023-03-03T07:02:37","date_gmt":"2023-03-03T04:02:37","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/celsius-custody-customers-finally-begin-withdrawals-263-days-after-freeze\/"},"modified":"2023-03-03T07:02:37","modified_gmt":"2023-03-03T04:02:37","slug":"celsius-custody-customers-finally-begin-withdrawals-263-days-after-freeze","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/celsius-custody-customers-finally-begin-withdrawals-263-days-after-freeze\/","title":{"rendered":"# Celsius Custody customers finally begin withdrawals 263 days after freeze"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a270ffa32e1b\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a270ffa32e1b\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/celsius-custody-customers-finally-begin-withdrawals-263-days-after-freeze\/#%E2%80%9D_Celsius_Custody_customers_finally_begin_withdrawals_263_days_after_freeze_%E2%80%9C\" >&#8221; Celsius Custody customers finally begin withdrawals 263 days after freeze &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Celsius_Custody_customers_finally_begin_withdrawals_263_days_after_freeze_%E2%80%9C\"><\/span>&#8221; Celsius Custody customers finally begin withdrawals 263 days after freeze &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-48054ca8>Some Celsius customers have reported being able to withdraw funds from the bankrupt crypto firm for the first time, some 263 days after the lender froze withdrawals in the lead-up to its bankruptcy filing.<\/p>\n<p>According to numerous <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social media<\/a> posts, as of Mar. 2, certain customers who held funds in Celsius\u2019 Custody accounts have been overjoyed that they were finally able to withdraw their funds from the lender. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Glad to be one of the few to get their money back in almost one piece. Hoping everyone else will receive theirs in due time <\/p>\n<p>\u2014 richieroyce.eth (@Richie_Royce) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Richie_Royce\/status\/1631327111746125824?ref_src=twsrc%5Etfw\">March 2, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Customers report they received an email a few weeks ago listing those who were eligible to remove their funds, before receiving another on Mar. 2 noting withdrawals could be processed.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-03\/fa950c86-f2b7-4f84-a97b-41914cdf3618.png\"><figcaption style=\"text-align: center;\"><em>An email sent from Celsius to eligible customers on Mar. 2. Source: <\/em><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/jamers2012\/status\/1631352453181390848\"><em>Twitter<\/em><\/a><\/figcaption><\/figure>\n<p>While some users who whitelisted wallets ahead of their withdrawal attempt received their funds within minutes, others pointed to large delays. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-03\/d051374b-9252-4a6b-a236-0a9ce3fe8442.png\"><figcaption style=\"text-align: center;\"><em>Celsius customers discussing withdrawal processing times on Reddit. Source: <\/em><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reddit.com\/r\/CelsiusNetwork\/comments\/11g3wqx\/custody_customers_can_withdraw_their_funds_now\/\"><em>Reddit<\/em><\/a><\/figcaption><\/figure>\n<p>A backlog of withdrawal attempts seems to have built up, however, with some claiming that withdrawal requests are being converted into support tickets which could take some days to process, as a result of \u201ctoo many requests and not enough staff.\u201d<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-03\/bd66a6d3-b289-4558-96cf-7c79e7cdd5ac.png\"><figcaption style=\"text-align: center;\"><em>A Reddit user claimed they were told their request could take days to process. Source: <\/em><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reddit.com\/r\/CelsiusNetwork\/comments\/11g3wqx\/custody_customers_can_withdraw_their_funds_now\/\"><em>Reddit<\/em><\/a><\/figcaption><\/figure>\n<p>On Jan. 31, Celsius published details on who was eligible to withdraw, with customers who had only ever held funds in custody accounts able to currently withdraw 94% of their original funds.<\/p>\n<p>The custody accounts were only available to United States <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/support.celsius.network\/hc\/en-us\/articles\/4838161060381-Custody-FAQ\">residents<\/a>. The withdrawals are restricted to these customers much to the dis<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ointment of customers with funds in other accounts offered by Celsius.<\/p>\n<p><strong>Related: <\/strong><strong><em>Wrapped Bitcoin supply drops to negative after 11,500 wBTC burn linked to Celsius<\/em><\/strong><\/p>\n<p>Custody account holders may yet be able to get back the other 6%, pending future court hearings.<\/p>\n<p>Customers who had transferred funds from the earn or borrow programs to a custody account are apparently able to withdraw 72.5% of their funds at this point in time, up to a maximum of $7,575. <\/p>\n<p>The lender had first announced they would be freezing withdrawals on Jun. 13, 2022, citing \u201cextreme market conditions,\u201d before filing for bankruptcy on Jul. 13.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/celsius-custody-customers-finally-begin-withdrawals-263-days-after-freeze\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Celsius Custody customers finally begin withdrawals 263 days after freeze &#8220; Some Celsius customers have reported being able to withdraw funds from the bankrupt crypto firm for the first time, some 263 days after the lender froze withdrawals in the lead-up to its bankruptcy filing. According to numerous social media posts, as of Mar&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":558876,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2023-03\/f35008d9-c5cb-4fd1-a86d-e7c10e94cbba.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[136596,4978,117,71433,70934],"class_list":["post-558875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-celsius","tag-bankruptcy","tag-business","tag-court","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/558875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=558875"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/558875\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/558876"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=558875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=558875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=558875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}