PANews reported on July 15 that according to The Block, after several months of legal battles, Celsius has reached a settlement with KeyFi and its founder Jason Stone. According to the settlement agreement, KeyFi will transfer a large number of assets to Celsius, including wallets containing a variety of small tokens and hundreds of NFTs, as well as the $1.1 million in proceeds from the sale of MAYC to billionaire Adam Weitsman, which is currently in custody. KeyFi will also transfer assets related to DeFi protocols Spartan, unslashing, Stakehound and crypto company Fireblocks. Celsius will liquidate these assets within the next 12 months. Celsius will initially pay KeyFi and Stone $300,000, plus a rare NFT created by Marco Santorini. After liquidation, Celsius will also pay KeyFi 10% of the proceeds, up to $500,000.