Cryptocurrency Q&A
Why is Celsius giving money back?
Why is Celsius giving money back?
BlockchainEmpiress
Thu Oct 17 2024
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7 answers
1815
I recently heard that Celsius is giving money back to its customers or investors, and I'm wondering why. Is it because they made some profits or is there another reason behind this decision? I'd like to understand the background of this situation.
7 answers
CryptoNinja
Sat Oct 19 2024
This move is seen as a positive step towards addressing the concerns of Celsius' customers who have been affected by the company's financial troubles.
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HallyuHeroLegendaryStarShine
Sat Oct 19 2024
The partial repayment is expected to provide some relief to the affected customers, though it may not fully cover their losses.
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Bianca
Sat Oct 19 2024
Celsius' decision to offer both cryptocurrency and stock as repayment options is a unique approach that aims to balance the interests of both the company and its customers.
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Sara
Sat Oct 19 2024
Celsius, a cryptocurrency lending platform, has announced plans to partially repay its customers whose accounts have been frozen since the company filed for bankruptcy in July 2022.
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CryptoAlchemist
Sat Oct 19 2024
The repayment will be made through a combination of cryptocurrency and stock in the new company, as per the recent opinion shared by the company.
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