Celsius Distributes $2 Billion in Cryptocurrency Claims to 170,000 Creditors, Offering Global Users Salvation
After Celsius completed its bankruptcy restructuring process and was able to distribute assets to creditors, the court documents revealed some details:
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Over 170,000 creditors compensated through electronic transfers and exchanges
Compensation for USD assets will be made via wire transfers
Some eligible users have not yet received compensation
According to the documents, over 170,000 creditors have made claims for cryptocurrencies through PayPal/Venmo and Coinbase, including over 20,000 bitcoins and 300,000 ETH. This includes both domestic accounts in the United States and countries/regions where Coinbase provides services. If the region does not have access to Coinbase services, they will be redirected to a distribution broker. (For inquiries, visit: https://cases.stretto.com/Celsius/contact-us/)
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Celsius completes bankruptcy restructuring, distributes $3 billion to creditors, and establishes a mining company
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Next, Celsius will address the USD compensation demands of overseas creditors through wire transfers. Additionally, Celsius has notified eligible creditors who are entitled to receive shares in the new mining company via email.
Celsius reminds former users that it is a prerequisite for their claims to be processed to return a portion of the funds they withdrew within 90 days prior to the bankruptcy application. Therefore, there are still some users who have not received their claims due to specific reasons.
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Celsius completes bankruptcy restructuring, distributes $3 billion to creditors, and establishes a mining company
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