Celsius Shareholders File to Stake Their Claim for Bankruptcy Payouts

In a move that will further divide the Celsius case, the motion also requests that the court caps claims at the U.S. dollar value as of the date of the bankruptcy petition date. Effectively, this means that if cryptocurrency prices increase over the course of the proceedings, the upside goes to the equity holders and not the customers. If crypto goes down, however, customers take a hit.