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Celsius initiates second payout of $127 million, enhancing creditor returns to 60.4% – TON BOT

Celsius initiates second payout of $127 million, enhancing creditor returns to 60.4%

Bankrupt crypto lender Celsius is making a second round of payments to creditors, totaling $127 million and covering 2.75% of claims. This follows a previous payout of $2.53 billion to 251,000 creditors. Payments will be made in Bitcoin or USD cash, with Bitcoin payouts dependent on market value. Former CEO Alex Mashinsky faces trial in 2025.


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