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Celsius and KeyFi's founder reached a settlement, liquidating tokens and hundreds of NFTs

Celsius and KeyFi's founder reached a settlement, liquidating tokens and hundreds of NFTs

Bitget2024/07/15 00:39

After a lawsuit and countersuit were sparked by the relationship between KeyFi and its founder Jason Stone with the bankrupt cryptocurrency loan company Celsius, both parties have agreed to settle according to an agreement submitted to the court last week. Under the settlement agreement, KeyFi will transfer tokens and hundreds of NFTs, including CryptoPunks and Fidenzas, etc., to Celsius for liquidation within the next 12 months in exchange for $800,000 and rare NFTs.

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