{"id":2775,"date":"2023-01-19T23:22:51","date_gmt":"2023-01-19T23:22:51","guid":{"rendered":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/?p=2775"},"modified":"2023-01-19T23:22:51","modified_gmt":"2023-01-19T23:22:51","slug":"who-do-crypto-deposits-belong-to","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/who-do-crypto-deposits-belong-to\/","title":{"rendered":"Who do Crypto Deposits Belong to?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">What is happening? A bankruptcy judge in New York ruled that crypto deposits with Celsius Network do not belong to the person making the deposit. Seems rather weird, but then you learn that the Celsius agreement for users contained that language. &#8221;\u00a0you grant Celsius . . . all right and title to such Eligible Digital Assets, including ownership rights, and the right, without further notice to you, to hold such Digital Assets in Celsius\u2019 own Virtual Wallet\u00a0&#8220;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Why is this important? Hello regulation writers add this to your list.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.jdsupra.com\/legalnews\/cryptocurrency-deposits-do-not-belong-6995560\/\">Fox Rothschild LLP | Cryptocurrency Deposits Do Not Belong to Account Holders: New York Bankruptcy Holding Severs Customers\u2019 Right and Title to Crypto Assets Deposited in Celsius Network Earn Program Accounts<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is happening? A bankruptcy judge in New York ruled that crypto deposits with Celsius Network do not belong to the person making the deposit. Seems rather weird, but then you learn that the Celsius agreement for users contained that language. &#8221;\u00a0you grant Celsius . . . all right and title to such Eligible Digital [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2775","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts\/2775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/comments?post=2775"}],"version-history":[{"count":1,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts\/2775\/revisions"}],"predecessor-version":[{"id":2776,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts\/2775\/revisions\/2776"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/media?parent=2775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/categories?post=2775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/tags?post=2775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}