🚨 Breaking News 🚨
Celsius has just announced a major milestone in its bankruptcy proceedings! As of August 26, the beleaguered crypto lender has repaid approximately $2.53 billion to a staggering 251,000 creditors. 💥
Since January 2024, Celsius has been distributing over $3 billion in assets and is now down to just **$12.96 million** in crypto on-chain. These repayments were made in liquid cryptocurrency and cash, using prices from January 16. 🚀
This massive distribution marks a significant step in resolving Celsius' financial woes and returning value to its creditors. Stay tuned for more updates as the saga unfolds! 🔥