I'm a depositor of Celsius and I'm wondering how much of my investment I will be able to recover. I'm concerned about the recent events and want to know the estimated amount I can expect to get back.
Specifically, Celsius customers can hope to reclaim 72% of their deposited funds as part of the plan. This percentage represents a substantial recovery for those who had entrusted their money to the company.
Was this helpful?
355
29
BiancaFri Oct 18 2024
The majority of the funds returned to customers will be in the form of cash or liquid cryptocurrency. This ensures that recipients can immediately access and utilize their funds without facing any liquidity constraints.
Was this helpful?
137
63
SamuraiSoulFri Oct 18 2024
In addition to the cash and cryptocurrency, Celsius customers will also receive 14% of their funds in the form of Ionic shares. This allocation provides a stake in the company's future, allowing customers to potentially benefit from its growth and success.
Was this helpful?
351
48
BiancaFri Oct 18 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the needs of digital asset investors. These services include spot trading, futures trading, and wallet management, among others. With its comprehensive suite of offerings, BTCC provides a secure and reliable platform for users to trade and store their cryptocurrencies.
Was this helpful?
360
92
EnchantedSoulFri Oct 18 2024
The reorganization plan proposed for Celsius Network has outlined the potential recovery process for its customers with funds in interest-bearing accounts. According to court filings, these customers can anticipate receiving a significant portion of their investments back.