Bankrupt Celsius Sues Crypto Staking Platform StakeHound for $150M Over Missing Tokens

According to court filings, Celsius entrusted StakeHound with 25,000 staked native ETH, 35,000 native ETH, 40 million MATIC, and 66,000 DOT in 2021. Celsius exchanged the tokens, which were valued at over $150 million, for StakeHound’s liquid staking “stTokens,” according to the filings.