Celsius Distributes Additional 127 Million Dollars to Creditors but Receives Mixed Reactions
Celsius, the beleaguered crypto lending platform, has made headlines again. They announced a new payment distribution of 127 million dollars from their Litigation Recovery Account. This comes as a relief to many creditors recovering from the company’s bankruptcy. However, not all parties are satisfied. Some creditors still express their dissatisfaction with the compensation process and amount, raising concerns about the fairness and transparency. As the crypto community watches closely, the outcome of this distribution could set precedents for future cases within the industry. Celsius continues to navigate these treacherous waters, striving to support its creditors amid ongoing challenges.
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