I'm wondering if Celsius, the cryptocurrency platform, will give back the crypto assets that they currently hold or have frozen due to their financial situation.
The reorganization plan represents a significant step forward for Celsius, as it seeks to rebuild trust with its customers and regain its position in the cryptocurrency market.
Was this helpful?
324
21
MargheritaMon Oct 21 2024
Celsius, a cryptocurrency lending platform, has recently unveiled a reorganization plan aimed at compensating its customers for their deposits held in the company's interest-bearing accounts.
Was this helpful?
325
98
CosmicWaveMon Oct 21 2024
Among the various cryptocurrency exchanges available, BTCC stands out as a top-tier platform. BTCC offers a comprehensive suite of services, including spot trading, futures trading, and a secure wallet for storing digital assets.
Was this helpful?
203
25
ethan_thompson_journalistMon Oct 21 2024
According to court filings, customers can anticipate recovering 72% of their funds under this plan. Notably, the majority of these funds will be returned in cash or liquid cryptocurrency, providing customers with immediate access to their money.
Was this helpful?
326
50
HanbokGlamourMon Oct 21 2024
Additionally, Celsius has proposed to distribute 14% of the recovered funds to customers in the form of Ionic shares. This move not only offers customers an alternative form of compensation but also aligns them with the company's future growth prospects.