The collapse of Celsius Network left thousands of investors trapped, with their crypto assets blocked and without access to their funds. This event, which heavily impacted the cryptocurrency ecosystem, generated a wave of uncertainty about the possibility of recovery for those affected. However, thanks to the collaboration between In Diem Abogados and its technology partner, Cryptoveritas 360, a significant portion of our clients’ funds has been recovered, demonstrating that, even in the most difficult moments, a legal and professional solution exists.
A Legal and Technological Approach to Fund Recovery
Fund recovery in a bankruptcy case such as Celsius Network requires a comprehensive approach that combines legal knowledge with appropriate technological tools. At In Diem Abogados, as specialists in crypto law and bankruptcy proceedings, we have provided the necessary legal framework to address this challenge. On the other hand, Cryptoveritas 360, our technology partner, has contributed its expertise in the digital realm and crypto asset management, enabling efficient and secure fund recovery.
1. Comprehensive Assessment and Documentation of Blocked Funds
The first step in the fund recovery process was the detailed assessment of the crypto assets blocked in Celsius Network. Many clients did not have complete records of their transactions, so it was essential to have advanced technological tools to recover transaction records and communications related to deposits and withdrawals made before the suspension of funds. Cryptoveritas 360, as our technology partner, facilitated this process through its digital management platform, recovering key information and providing the necessary documentation to advance the case.
2. Filing Claims in Bankruptcy Court
Once our clients’ balances were validated, the next step was the formal filing of claims before the United States Bankruptcy Court for the Southern District of New York. This process requires not only mastery of the law, but also the ability to gather and present evidence effectively. At In Diem Abogados, we have the necessary experience in bankruptcy and corporate restructuring judicial proceedings, ensuring that our claims were accepted within the established deadlines. At the same time, Cryptoveritas 360 provided technological support to organize and structure the digital evidence, ensuring that all evidence was presented correctly.
3. Continuous Monitoring and Legal Representation
The judicial process is lengthy and often unpredictable, so continuous monitoring is essential. While In Diem Abogados handled the legal representation of our clients in court hearings, Cryptoveritas 360 provided technological support in managing updates and gathering new information throughout the process. Together, we ensured that our clients were informed of all important developments and decisions in the judicial process.
4. Tax Advisory in Crypto Asset Recovery
A fundamental aspect of fund recovery was tax planning. The fluctuation in cryptocurrency value between the time of deposit and the return of funds can generate significant tax complications. In Diem Abogados provided our clients with advice on the tax implications of crypto asset recovery, while Cryptoveritas 360 offered the digital infrastructure to calculate potential gains or losses, optimizing the tax burden on the recovered amounts. This integrated approach enabled our clients to comply with local tax regulations efficiently.
5. Recovery and Secure Custody of Funds
Once the funds were approved for return, the secure custody of crypto assets became a priority. In collaboration with Cryptoveritas 360, we helped our clients select the most secure storage options for their crypto assets, using cold wallets and secure storage platforms, protecting their funds from any additional risk.
Lessons from the Celsius Network Collapse and the Importance of Transfer
The bankruptcy of Celsius Network has left valuable lessons for the cryptocurrency ecosystem. The platform’s collapse demonstrates the importance of conducting proper due diligence before entrusting funds to any crypto lending or DeFi platform. Additionally, it exposes the urgent need for transparency and understanding the inherent risks of these systems. The collaboration between In Diem Abogados and Cryptoveritas 360 demonstrates how, by combining legal expertise with technological innovation, it is possible to offer an effective solution to those affected by the collapse of platforms such as Celsius Network. This success story has not only represented a significant recovery for our clients, but also a reaffirmation that, with the right approach, fund recovery in the crypto environment is completely viable.
Comprehensive Approach to Fund Recovery
At In Diem Abogados, together with Cryptoveritas 360, we specialize in providing a comprehensive fund recovery service for those who have been victims of crypto web scams or losses resulting from the bankruptcy of crypto platforms. Thanks to our experience in crypto law and our collaboration with technological experts in crypto asset management, we have demonstrated that it is possible to recover what is rightfully ours for our clients, even in complex situations.
If you have been affected by a crypto web scam or by the collapse of platforms such as Celsius, do not hesitate to contact us. We are here to help you recover what is yours and guide you through every step of the process.
How can we help you?
At IN DIEM Abogados, we have the best experts in Technology Law, Blockchain, bitcoin, altcoin, and cryptocurrencies, ensuring at all times a defense and balance of the interests of both clients.
Contact IN DIEM Abogados 24 hours a day, any day of the week, without obligation.
We guarantee the best possible outcome, whatever your case.
- Personalized and professional service
- Regulatory Compliance Advice
- Assistance During Judicial or Notarial Proceedings
- 24-hour contact with your expert lawyer
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Preguntas frecuentes sobre Celsius Network y recuperación de fondos cripto
¿Se pueden recuperar fondos bloqueados en una plataforma cripto en quiebra?
En determinados casos, sí. La recuperación depende del procedimiento judicial, de la documentación disponible, de la correcta presentación de reclamaciones y de la identificación de los saldos o criptoactivos afectados.
¿Qué documentación es importante para reclamar fondos en Celsius?
Es recomendable conservar historiales de transacciones, capturas de pantalla, correos electrónicos, justificantes de depósitos y retiradas, registros de cuenta, comunicaciones con la plataforma y cualquier documento que permita acreditar la titularidad y cuantía de los fondos bloqueados.
¿Por qué es importante combinar asesoramiento legal y tecnológico?
Porque estos casos requieren tanto conocimiento jurídico en procedimientos de quiebra y reclamación como capacidad técnica para reconstruir operaciones, identificar criptoactivos, organizar evidencias digitales y documentar correctamente los fondos reclamados.
¿Qué papel puede tener la trazabilidad de criptoactivos?
La trazabilidad permite reconstruir movimientos de criptoactivos, localizar operaciones relevantes, verificar depósitos o retiradas y preparar documentación técnica que pueda apoyar una reclamación o procedimiento judicial.
¿Qué implicaciones fiscales puede tener recuperar criptoactivos?
La recuperación de criptoactivos puede tener consecuencias fiscales, especialmente si existe diferencia de valor entre el momento de adquisición, bloqueo, reconocimiento de la reclamación o devolución. Conviene analizar cada caso antes de declarar o disponer de los fondos recuperados.
¿Qué debe hacerse una vez recuperados los fondos?
Una vez recuperados los fondos, es recomendable revisar su custodia, utilizar wallets seguras, conservar toda la documentación del proceso, valorar las obligaciones fiscales y evitar trasladar nuevamente los activos a plataformas sin una revisión previa de riesgos.
¿Qué lecciones deja el colapso de Celsius Network?
El caso muestra la importancia de realizar una debida diligencia antes de depositar fondos en plataformas cripto, entender los riesgos de productos de préstamo o DeFi, diversificar la custodia y conservar registros completos de todas las operaciones.
¿Este tipo de reclamaciones solo afecta a Celsius?
No. La misma lógica puede aplicarse a otros supuestos de plataformas cripto en quiebra, fondos bloqueados, estafas digitales, cuentas suspendidas o pérdidas derivadas de fallos operativos, siempre que existan pruebas y una estrategia jurídica adecuada.
Lawyers Specializing in New Technologies and Cryptocurrencies: Málaga, Marbella, Sevilla, Madrid, Las Palmas de Gran Canarias, Almería, Huelva…
IN DIEM is a leader in the foreign exchange and virtual assets sector, with significant experience and expertise in new technologies and cryptocurrencies. We conduct business, provide advisory services, and represent clients in litigation not only regarding the virtual currency Bitcoin but also all existing cryptocurrencies, including: Ethereum, Ripple, Litecoin, Dash…and investments in ICOs (Initial Coin Offerings), offering our clients the appropriate operational strategy and the necessary advice for their transactions and investments.
IN DIEM’s highly specialized Law and Cryptocurrency Practice, comprised of a multidisciplinary team of IT specialists, financial experts, and attorneys, will provide secure support for the development of your operations and investments; providing technical and operational resources to analyze potential investments and transactions, assist with mining operations, or implement regulatory and legal compliance frameworks.
Our Cryptocurrency Team works in collaboration with the Tax, Criminal, and International Commercial Law departments to ensure that your transactions meet all necessary requirements.
In addition, Abogados IN DIEM has extensive experience and a high degree of specialization in various practice areas , offering individualized and personalized advice in all fields and sectors to both individuals and public and private companies.
Abogados IN DIEM has a team with experience in roles such as magistrate, state attorney, prosecutor, and university professor, which will give you peace of mind and confidence, knowing you have the best team—one that is competitive and highly qualified to achieve your goals and meet your needs.
We are at your disposal for whatever you need. You can reach us via IN DIEM Lawyers Phone (+34) 901 900 071 or (+34) 916 353 892 or by email at info@in-diem.com
Did you know that Abogados IN DIEM offers online and expedited services?
We offer our clients the option of receiving assistance via video call or videoconference, as well as by phone, depending on their preference, so that the assistance is as personalized as possible, provided immediately, and without the need to travel. This service is complemented by communication via email, which facilitates the review and delivery of documentation.
In addition, for businesses and individuals, IN DIEM Abogados offers urgent services and 24-hour support for matters that require a quick response.
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You can find us in Seville, Madrid, Las Palmas de Gran Canaria, Málaga, Huelva, Punta Umbría, Tomares, Coria del Río, Dos Hermanas, Mairena del Alcor, Estepona, Marbella, and Mairena del Aljarafe. We look forward to serving you.
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