Cryptocurrency Q&A
What is the recovery for Celsius?
What is the recovery for Celsius?
CryptoGladiatorGuard
Mon Dec 09 2024
|
5 answers
1189
I would like to know about the recovery process or status of Celsius. I'm interested in understanding what steps are being taken or have been completed to restore or improve the situation related to Celsius.
5 answers
DigitalDynastyQueen
Tue Dec 10 2024
This additional distribution is a positive development for Celsius' creditors, who have been waiting for some form of recovery since the firm's collapse. It shows that efforts are being made to recover funds and distribute them to those who are owed.
Was this helpful?
308
80
AzrilTaufani
Tue Dec 10 2024
Celsius, a cryptocurrency lending firm that went bankrupt, announced on November 28th that it will distribute an additional $127 million to its creditors in the NEAR future.
Was this helpful?
107
23
GeishaMelody
Tue Dec 10 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of crypto traders and investors. Its services include spot trading, futures trading, and a wallet service for storing digital assets.
Was this helpful?
275
87
Leonardo
Tue Dec 10 2024
The distribution will be sourced from the "Litigation Recovery Account," as stated in the post made by Celsius' estate. This account likely holds funds recovered through legal proceedings or settlements related to the firm's bankruptcy.
Was this helpful?
199
21
Nicola
Tue Dec 10 2024
The creditors who will receive this payment are those belonging to classes 2, 5, 7, 8, and 9. These classifications are likely based on the type of claims they have against Celsius and their priority in the bankruptcy proceedings.
Was this helpful?
300
34
