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TLDR: We are f.cked up. Small claims covers only $10K at

max and the court does not do the collection even if you win.

The option for $25K or less requires at least a year, a lawyer, and can be appealed as well. The cost for lawyer: 1/3 of the money won and $5-10K for the court expenses.

Do we need to go over the option for > $25K?

3 ответов

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Think about how can you help right now. You will have enough time to prepare for any legal action. at the moment nothing is lost and the team can still turn this around. Even if there is a small chance why not to bet on it?

Mindis S.
Think about how can you help right now. You will h...

it also assumes that celsius “wont respond” but they have a lawyer literally just doing that (in house), and it is not hard to delay coourt cases indefintelly

Chad
it also assumes that celsius “wont respond” but th...

on top of that, you need to prove damages to bring a case against them and pausing withdrawals is in the ToS, so techically there are no damages now. im not sayinng it wont work, but it probably wonnt work

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