Bankrupt Crypto Lender Moves to Recover Nearly $800 Million in Staked Ethereum ($ETH)

Bankrupt cryptocurrency lending platform Celsius has moved to reclaim its Lido staked Ether (stETH) tokens from liquid staking platform Lido after the latter recently enabled withdrawals. These withdrawals came in after Ethereum’s Shapella upgrade allowed investors to unstake their $ETH. Celsius has commenced the process of retrieving its Lido Staked Ether tokens according to blockchain […]