Celsius has begun notifying eligible users to take the necessary steps for withdrawals

ChainCatcher news, the encrypted lending platform Celsius Network tweeted that as the withdrawals of allocable assets in some custodial accounts are restarting, Celsius has begun notifying eligible users to take the necessary steps for withdrawals. For FAQs related to the withdrawal process, please refer to the official link.

According to previous news from ChainCatcher, in early February, Celsius announced an upcoming asset withdrawal process update, stating that for security and regulatory reasons, eligible users will be required to update their Celsius accounts with certain required information before processing any withdrawals. "Eligible custodial users will be able to withdraw approximately 94% of the eligible custodial assets." Whether eligible users can withdraw the remaining 6% will be decided by the court later. (source link)