Cryptocurrency Q&A
How much will Celsius earn account get back?
How much will Celsius earn account get back?
GeishaElegance
Mon Dec 09 2024
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6 answers
1440
I have an account with Celsius and I'm wondering how much money I will get back from them. I'm concerned about the recent situation and want to know the specifics of what I can expect to recover.
6 answers
Raffaele
Wed Dec 11 2024
The court filing has set the effective date for the settlement as 16 January 2024. This date marks the beginning of the distribution of assets to eligible claimants.
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SakuraBloom
Wed Dec 11 2024
Holders of Celsius earn accounts will receive a portion of their claims in BTC and ETH. This distribution is not dependent on the specific asset held on the platform, ensuring a consistent approach for all claimants.
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Chloe_jackson_athlete
Wed Dec 11 2024
Specifically, each Celsius earn account holder will receive 30.5% of their claim in BTC. This allocation reflects the current market value and liquidity of BTC within the cryptocurrency ecosystem.
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Tommaso
Wed Dec 11 2024
Participants in the settlement who did not opt out are eligible for a 5% bonus on their claim. This incentive is designed to compensate those affected by the previous events in a fair and equitable manner.
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KpopHarmony
Wed Dec 11 2024
Additionally, account holders will also receive 27.4% of their claim in ETH. The decision to include ETH in the distribution acknowledges its significance and stability within the digital asset market.
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