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Celsius Network distributes funds to creditors during bankruptcy process.
Alex Mashinsky

Celsius Network Distributes $127 Million to Creditors Amid Bankruptcy

Celsius Network distributes $127 million to creditors, raising the recovery rate to 60.4% in bankruptcy proceedings following its collapse in 2022. The payments include various creditor claims and ...

Celsius NetworkCelsius Network Token Price Surge and Repayment Scheme Overview

Celsius Network Token Surges 300% After $2.5 Billion Repayment Scheme

Celsius Network's token skyrocketed over 300% following a $2.5 billion repayment scheme to 250,000 creditors. Despite the surge, CEL remains 1,287% below its all-time high. Read about the bankruptc...