Celsius takes StakeHound to court, alleges $150 million token debacle

Celsius, a defunct cryptocurrency lender, has taken legal action against StakeHound, a liquid staking platform, alleging the failure to repay approximately $150 million in various tokens, including Ethereum (ETH), Polygon’s MATIC, and Polkadot’s DOT. According to court documents, Celsius provided StakeHound with significant amounts of staked native ETH, MATIC, and DOT between 2020 and 2021,…