August 5, 2025

Celsius to distribute $127 million in second phase of bankruptcy payouts

1 min read

Bankrupt crypto lender Celsius Network is set to distribute $127 million to creditors in the second payout under its bankruptcy proceedings. According to the court filings, this distribution represents 2.75% of total creditor claims. With the distribution, the defunct lender’s total payout to creditors will now be 60.4%. The firm, which filed for bankruptcy in

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Source: Cryptopolitan

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