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Celsius distributed $2 billion of crypto to creditors, court d | Crypto Inside

Celsius distributed $2 billion of crypto to creditors, court document shows

Celsius, the crypto lender that filed for bankruptcy in 2022, said in a court document filed Friday that it has distributed most of the crypto owed to its creditors.

Celsius started the process at the end of January, and is on track to distribute $3 billion worth of crypto, it previously said. According to the document, Celsius has distributed $2 billion worth of cryptocurrency, transferring 20,255.66 BTC and 301,338.77 ETH to 171,672 creditors.