Badjudgement, the general consensus is that they have a lot more than $25 million in frozen funds. That $25 million is only referring to one account - and Courtenay House had several. But as mentioned previously, all of this is speculation until we got more information from the court on September 4, or if CH agree to a liquidation prior to that date - apparently ASIC already have a liquidator ready.
Regarding your comment saying that clients were unable to withdraw funds, I do know that several clients who were probably given a heads up by the director withdrew most of their funds prior to April 21.