Public financial disclosures from Celsius detailing the total recovered amount from the asset liquidation

Celsius and KeyFi Settle Lawsuit with Asset Transfer Led by Jason Stone, Including $1.1M in NFTs

Jul 15, 2024, 08:50 AM

Celsius and KeyFi have settled their lawsuit, resulting in KeyFi, led by Jason Stone, transferring a significant portfolio of assets to Celsius. The assets include numerous tokens and hundreds of high-value NFTs, such as $1.1 million from a Mutant Ape Yacht Club sale. Celsius will liquidate these assets over the next 12 months. As part of the settlement, KeyFi will receive an initial compensation of $300,000.