Celsius Network is back with a bang! 🚀 The bankrupt crypto lender is rolling out the second phase of its repayment plan, dishing out $127 million to creditors. This marks about 2.75% of the total claims, bringing the total payback to a whopping 60%! 💰
In this phase, creditors can choose between cash or crypto, primarily Bitcoin, valued at $95,000 per token. With other crypto firms like Voyager Digital and BlockFi also speeding up repayments, the market is buzzing with optimism. Despite executive shake-ups, Celsius is pushing forward, and the crypto community is watching closely!