[Celsius Network takes legal action to recover funds withdrawn before bankruptcy] Golden Finance reported that the litigation administrator of the bankrupt cryptocurrency lender Celsius Network has filed legal action against account holders who have not settled the debts related to priority transfers within 90 days before the company filed for bankruptcy. The lawsuit was filed in the U.S. Bankruptcy Court for the Southern District of New York against people whose withdrawal priority exposure (WPE) exceeded $100,000. Previously, Celsius had successfully reached settlements with more than 1,500 account holders and recovered nearly $100 million. The settlement agreement resolved more than $500 million in priority debt and provided significant relief to eligible Celsius creditors. The large amount of withdrawals during the priority period (April 14, 2022 to July 13, 2022) caused the company to have a serious financial imbalance, and the company eventually filed for bankruptcy after the priority period.