🚨 UPDATE: Celsius Announces $127M Second Distribution to Creditors 💸
#Celsius Network is rolling out a second payout of $127 million to its creditors, further addressing the fallout from its bankruptcy. This distribution boosts the recovery rate to 60.4% for eligible claims.
The funds will be disbursed in #Bitcoin or USD, based on creditor eligibility. This step forward in the #bankruptcy process offers some hope to those impacted by Celsius's collapse.