The Celsius bankruptcy proceedings have led to significant payouts for creditors, exceeding $2.53 billion. This distribution has primarily involved liquid cryptocurrencies and cash, based on prices from January 16. A notable detail is that approximately two-thirds of the creditors have now been compensated, closing out 93% of the total owed. This article examines the recent developments in the Celsius bankruptcy case, highlighting key payouts and ongoing legal challenges, while analyzing impli...
