🚨💰 Celsius Makes Waves with $2.5B Return to Creditors! 🚀
In a major update, bankrupt crypto lender #Celsius has returned a staggering $2.53 billion to approximately 251,000 creditors, according to a court filing on August 26!
What You Need to Know:
• Distribution Breakdown: Since January 2024, Celsius has disbursed over $3 billion in assets, with payments made in liquid crypto and cash valued as of January 16.
• Current Holdings: Only $12.96 million in crypto remains on-chain.
This landmark move is a crucial development in the bankruptcy proceedings and is set to impact thousands across the crypto landscape.
Stay tuned for more updates and follow the unfolding story!