A recent motion by Celsius Network to open up limited withdrawals for certain customers with frozen accounts has fallen far short of community expectations.
As Dixon points out, only $50 million of the $210 million held by 58,300 users in custody accounts is set to be released, with all funds above $7,575 which were transferred from the Earn Program and Borrow Program into Custody and Withhold accounts not included within the released amount.
The filing also mentions that an additional $15.33 million is held in Withhold Accounts by approximately 5,000 customers as of Aug. 29. In response to a Sept. 2 Twitter post from Celsius, countless community members have made it known that they want nothing short of all their funds back.
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