How will the lawsuit between bankrupt crypto lender Celsius and Prime Trust affect the digital currency industry?

1 answers

• hans johnsonJun 11, 2023 · 2 years ago
  As a third-party digital currency exchange, BYDFi is closely following the lawsuit between bankrupt crypto lender Celsius and Prime Trust. While we cannot comment on the specifics of the case, we recognize the potential impact it may have on the industry. The outcome of the lawsuit could influence the level of trust and confidence users have in crypto lending platforms and custodial services. It is crucial for the industry to maintain transparency and ensure the security of user funds to mitigate any negative effects. BYDFi remains committed to providing a secure and reliable platform for digital currency trading, and we will continue to monitor the situation and adapt our services accordingly to meet the needs of our users.
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