Cryptocurrency Q&A Will Celsius return crypto?

Will Celsius return crypto?

Martino Martino Sat Oct 19 2024 | 5 answers 1222
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. Will Celsius return crypto?

5 answers

Claudio Claudio Mon Oct 21 2024
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.

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Margherita Margherita Mon 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.

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CosmicWave CosmicWave Mon 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.

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ethan_thompson_journalist ethan_thompson_journalist Mon 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.

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HanbokGlamour HanbokGlamour Mon 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.

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