Celsius small business creditors demand reimbursement after 35% cut in claims

Two Celsius creditors have filed a motion asking for a second distribution after they allegedly suffered reduced payments from possessing corporate accounts.

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A married couple who owned Celsius corporate accounts has filed a motion to receive a second disbursement from the bankruptcy after they and other creditors allegedly received a 35% reduction to their payment when compared with non-corporate accounts. 

The motion was filed on June 3, and a hearing will reportedly be held to consider it on June 27.

The motion comes after widespread complaints from corporate creditors who have alleged that the Celsius debtors delayed payments to corporate accounts and paid cash instead of crypto, causing losses to these creditors.

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