Celsius Distributes Over $3 Billion to Creditors After Bankruptcy

According to Foresight News, on this day in 2024, Celsius emerged from bankruptcy and began distributing more than $3 billion in cryptocurrency and fiat currency to its creditors. The move marks a significant step in the company's recovery process, as it seeks to resolve its financial obligations and restore trust among its stakeholders. The distribution includes a combination of digital assets and traditional currency, reflecting Celsius's commitment to addressing the diverse needs of its creditors. This development follows a challenging period for the company, which has been working to stabilize its operations and financial standing.