Celsius distributes $2.5B to 251,000 creditors amid bankruptcy proceedings

Over 121,000 Celsius creditors have yet to claim their funds, according to the Celsius bankruptcy administrator. 

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Celsius has repaid two-thirds of its eligible customers as part of its long-awaited bankruptcy proceedings.

According to a Monday court filing, the bankrupt crypto lender has repaid approximately $2.53 billion to 251,000 creditors.

The amount represents approximately 84% of the $3 billion worth of assets owed by the defunct crypto lender, which is owed to over 375,000 creditors.

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