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About LOA

Describing itself as a blockchain-based general financing platform, LOA (LOA-PROTOCOL) aims to render the effective and safe financial services on the basis of C2C (Coiner to coiner lending) and P2P (Peer to peer lending) systems.

LOA Protocol (LOA) is a cryptocurrency launched in 2020. LOA has a current supply of 2.00Bn with 0 in circulation. The last known price of LOA is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://loaprotocol.io/.

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LOA Price Statistics
LOA’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#3510
LOA Market Cap
Market Cap
$0
Fully Diluted Market Cap
$1.76M
LOA Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
LOA Supply
Circulating Supply
0
Total Supply
2.00Bn
Max Supply
2.00Bn
Updated Jan 15, 2024 6:21 pm
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LOA
LOA Protocol
$0
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
Celsius to Initiate Second Fund Distribution to Creditors
Celsius to Initiate Second Fund Distribution to Creditors
According to CoinDesk, Celsius is set to commence a second distribution of funds to its creditors, as detailed in a court filing dated November 27. The distribution will total $127 million, provided in either bitcoin (BTC) or USD, and will be allocated across five creditor classes. These classes include retail borrower deposit claims, general earn claims, withhold claims, unsecured loan claims, and general unsecured claims. Each eligible creditor is expected to receive 60.4% of the value of their claim as of the Petition Date. This development follows Celsius's emergence from Chapter 11 bankruptcy in January of this year. Subsequently, the company ceased operations of its mobile and web applications on February 29 and initiated the process of reimbursing creditors. In addition to monetary compensation, some creditors received shares in Ionic Digital, a company established from Celsius’s reorganized mining business. The upcoming distribution is a continuation of the company's efforts to settle its obligations, following a significant payout in August. During that period, Celsius distributed over $2.53 billion to more than 251,000 creditors, covering approximately two-thirds of all eligible creditors and about 93% of the eligible value. Celsius initially filed for Chapter 11 bankruptcy relief on July 13, 2022, after the collapse of its business. The company's former CEO, Alex Mashinsky, resigned in September 2022 and was subsequently arrested on fraud charges. His trial is scheduled to take place in the U.S. in January 2025. Additionally, Roni Cohen-Pavon, the former Chief Revenue Officer at Celsius, pled guilty to charges of market manipulation and fraud last year, with sentencing expected next month. The bankruptcy process also involved a $4.7 billion settlement with U.S. authorities over fraud allegations, marking a significant step in the company's reorganization efforts.
Nov 28, 2024 5:43 pm

Frequently Asked Questions

  • What is the all-time high price of LOA Protocol (LOA)?

    The all-time high of LOA was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of LOA Protocol (LOA) is 0. The current price of LOA is down 0% from its all-time high.

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  • How much LOA Protocol (LOA) is there in circulation?

    As of , there is currently 0 LOA in circulation. LOA has a maximum supply of 2.00Bn.

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  • What is the market cap of LOA Protocol (LOA)?

    The current market cap of LOA is 0. It is calculated by multiplying the current supply of LOA by its real-time market price of 0.

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  • What is the all-time low price of LOA Protocol (LOA)?

    The all-time low of LOA was 0 , from which the coin is now up 0%. The all-time low price of LOA Protocol (LOA) is 0. The current price of LOA is up 0% from its all-time low.

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  • Is LOA Protocol (LOA) a good investment?

    LOA Protocol (LOA) has a market capitalization of $0 and is ranked #3510 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze LOA Protocol (LOA) price trends and patterns to find the best time to purchase LOA.

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