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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