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How To Sue Celsius [Get Crypto Unfrozen With Small Claims Court]

Updated June 23rd 2022

4 min read

Do you have a dispute with Celsius.network? This guide provides all the necessary steps on how to sue Celsius in small claims court and get back the money they owe you.

How To Sue Celsius [Get Crypto Unfrozen With Small Claims Court]

How To Sue Celsius [Get Crypto Unfrozen With Small Claims Court]

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Brandon C

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Dispute is the easiest & most accurate small claims platform with affordable ways to resolve every dispute.

What does Celsius Network Inc. do?

Celsius is a cryptocurrency trading company. They are a company that's incorporated in Delaware and registered in every state they do business in, making it very easy to find their registered agent, send them demand letters, and serve them court paperwork.

They recently froze all customer accounts resulting in people being unable to withdraw their crypto or fiat currency. This is a guide on filing a lawsuit against them small claims. Most corporations, particularly those running out of money, ignore threats or actual lawsuits in small claims court many times, resulting the plaintiff (person who is suing them) winning a default judgement against them. This could protect your assets much more in the case of a bankruptcy as court judgements often have to be paid out in bankruptcy before investors can get paid back their money.

Introduction to suing Celsius.Network in Small Claims Court

Celsius can be sued for $10,000 in their home state of New York in small claims court. However, since they operate in every state, they can be sued locally for as much as $20,000 based on the small claims limit in that state.

People have been frequently suing Celsius for:

  1. Lost of access to Celsius account
  2. Money wrongfully transferred
  3. Frozen accounts that cannot be withdrawn

The first step of suing Celsius in Small Claims Court

The first and most important thing to do when suing Celsius is to make sure that you sue the right legal entity. Big companies often own lots of smaller companies that are very interconnected, so be sure to review the contracts you’ve signed with Coinbase for any legal entities they mention in your contract with them. By suing the wrong company, even if owned by the same parent company, you can have your case dismissed and you’ll have to file another small claims lawsuit.

For most cases, the legal name of Coinbase is Celsius Network LLC but be sure to double-check! You can try to file against one company, and if the suit fails because the wrong entity is named, refile against the other one.

Finding Celsius's Registered Agent

The registered agent of Coinbase in the state of incorporation is:

The Corporation Trust Company

1209 Orange St, Wilmington, New Castle, DE 19801

If you’re suing Celsius in another state, then you might need to name a different registered agent. You can always send a demand letter to Corporation Service Company in the state of Delaware no matter what state you’re filing in.

See below to find the registered agent for Celsius in your state.

How to write a Demand Letter to Celsius

  1. On the top, in the address block, put in the company name and address:

Celsius

100 Pine Street Suite 1250 San Francisco, CA 94111

  1. Next, put the subject line as 'Re: Demand for Payment'
  2. In one sentence, tell them how much Celsius owes you which you will claim in your small claims lawsuit.
  3. Then, in two to three sentences describe your issue. (ex: why you are owed for Failure to deliver package)
  4. Finally, state in plain language that you will go to small claims court if necessary. Don't say that you will do anything else, such as speaking poorly about them.
  5. On the bottom, include your name and address

If you want to send a professionally written letter on our letterhead, check out what options we provide.

How to send a demand letter to Celsius

After you write the demand letter to Celsius, you’ll want to send it to their registered agent so that it’s guaranteed to go to the legal department. Make sure that you get a tracking number for the mail you send them. It can become important evidence in your case.

File your small claims forms against Celsius

You’ll need to find and prepare your small claims form based on where you decide to sue. Usually, people sue where the defendant lives or does business.

Then, wherever you decide to sue, look up the county small claims system. They’ll provide details on their website about what small claims forms are necessary. You can read more about the small claims process here.

Serve your small claims paperwork to Celsius

One of the last steps before your trial will be to physically give the small claims paperwork to Celsius. In order to keep your court date, you should hire a professional process server so that you can be sure all legal guidelines are appropriately followed.

Go to your small claims trial against Celsius

On the date of your small claims trial, be sure to arrive early and well prepared. Bring at least three copies of all evidence you intend to present, and if your hearing is remote be sure to have provided copies in advance to the other party and to the court. Failure to follow the strict local guidelines can result in your case being dismissed, but if you’ve followed the rules then you can often win by default when the other party doesn’t show up.

Find the registered agent for your state

Get Dispute to file your small claims case online today. Win back the money you deserve.

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