Cryptocurrency Q&A What percentage is Celsius paying out?

What percentage is Celsius paying out?

Valeria Valeria Sat Dec 07 2024 | 7 answers 1734
I would like to know the percentage that Celsius is currently paying out. I'm interested in understanding their payout rates and how much they are giving back to their customers or investors. What percentage is Celsius paying out?

7 answers

CherryBlossomGrace CherryBlossomGrace Mon Dec 09 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the needs of crypto enthusiasts. Its suite of products includes spot trading, futures trading, and a wallet service.

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Lucia Lucia Mon Dec 09 2024
On November 27th, a court filing was submitted detailing the specifics of this payment phase. The filing outlined the distribution of assets to creditors as part of the bankruptcy proceedings.

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BusanBeautyBloom BusanBeautyBloom Mon Dec 09 2024
The second round of payments will involve the disbursement of $127 million in assets. This amount has been allocated to cover a portion of the total claims made by creditors.

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KatanaSword KatanaSword Mon Dec 09 2024
Specifically, the $127 million will address approximately 2.75% of the total creditor claims. This indicates that creditors will receive a small fraction of the money they are owed.

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Moonshadow Moonshadow Mon Dec 09 2024
Celsius, a cryptocurrency lending platform that has fallen into bankruptcy, has recently made an announcement regarding the second round of payments to its creditors.

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