Celsius sues liquid staking platform StakeHound to recover $150 million worth of crypto assets
SBSBF
Jul 12
Crypto lending firm Celsius, which went bankrupt last year, is suing liquid staking platform StakeHound, accusing it of failing to return $150 million worth of ETH, MATIC, DOT and other tokens. According to court documents, Celsius commissioned StakeHound to pledge 60,000 ETH, 40 million MATIC, and 66,000 DOT in 2021. According to a court document filed with the U.S. Bankruptcy Court for the Southern District of New York, StakeHound filed an arbitration agreement against Celsius in Switzerlan...

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