🚀 Celsius is gearing up for a second round of fund distribution to creditors, as per a court filing on Nov. 27. A total of $127 million will be disbursed in BTC or USD across five creditor classes, including retail borrower deposit claims and unsecured loan claims.

- Each creditor will receive 60.4% of their claim's value from the Petition Date.

- This follows a larger payout in August, where $2.53 billion was distributed to over 251,000 creditors.

- After emerging from Chapter 11 bankruptcy, Celsius is actively reimbursing creditors.

What are your thoughts on Celsius' recovery efforts? Share in the comments! 💬