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Celsius Liquidates Tokens and Hundreds of NFTs After Settlement with KeyFi Founder

Celsius Liquidates Tokens and Hundreds of NFTs After Settlement with KeyFi Founder

CointimeCointime2024/07/15 00:43
By:Cointime

On July 15th, it was reported that after a lawsuit and countersuit between KeyFi and founder Jason Stone and bankrupt cryptocurrency loan company Celsius, an agreement was reached and submitted to the court last week. According to the settlement agreement, KeyFi will transfer tokens and hundreds of NFTs, including CryptoPunks and Fidenzas, to Celsius and liquidate them over the next 12 months in exchange for $800,000 and rare NFTs.

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