Celsius Alleges Liquid Staking Platform StakeHound Owes It $150,000,000 in New Lawsuit

Bankrupt crypto lender Celsius is filing a lawsuit against a liquid staking platform, claiming that the firm owes it $150 million in crypto assets. New court documents reveal that Celsius is suing StakeHound, alleging that it willfully failed to pay them $150 million worth of digital assets. In the lawsuit, Celsius is asking StakeHound to immediately return the virtual assets belonging to the broker, pay compensatory damages that arose from its breach of contract, and pay for associated legal fees. According to Celsius, StakeHound would issue customers “stTokens” in exchange for the ability to control the validator nodes of their