Celsius Meltdown Payouts: 60% Back To The Creditors

Celsius is dropping $127M to its bag holders from the “Litigation Recovery Account.”

Claims get paid out in BTC or cash, pegged to a wild $95,836.23 per BTC - PayPal, Venmo, or Coinbase will deliver (if you’re verified).

This marks 60.4% of claims covered so far, stacking onto a $2.53B payout from August that hit 57.65%.

Ex-CEO Alex Mashinsky, the man behind the Celsius crash, faces fraud charges in court Jan 2025. Lesson? Trust in cryp