Celsius initiates second payout of $127 million, enhancing creditor returns to 60.4%

Bankrupt crypto lender Celsius has announced the second round of payments to creditors. According to a Nov. 27 court filing, this phase involves the distribution of $127 million in assets that will...

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Celsius initiates second payout of $127 million, enhancing creditor returns to 60.4%

Source: CryptoSlate

Bankrupt crypto lender Celsius has announced the second round of payments to creditors. According to a Nov. 27 court filing, this phase involves the distribution of $127 million in assets that will cover 2.75% of total creditor claims. The payout follows an earlier round in August, which returned $2.53 billion to 251,000 creditors, representing 57.65% […]