Nov 28, 2024
Nov 28, 2024
Celsius Network’s second payout raises recovery to 60.4%, distributing $127 million.
Funds were converted to Bitcoin at an average price of $95,836.23 to match creditor claims.
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Creditors must complete AML/KYC checks and provide documents to receive funds.
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Cash payments for unavailable crypto assets are held by Debtors to reduce costs.
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Alex Mashinsky faces a jury trial in January 2025, with a pre-trial hearing beforehand.
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