Celsius Payout Moves Forward With $476 Million Allocation for Creditors

Share This Post

Celsius bankruptcy payout update

The post Celsius Payout Moves Forward With $476 Million Allocation for Creditors appeared first on Coinpedia Fintech News

The Celsius bankruptcy case continues to evolve, and the latest update brings a much-needed boost of optimism for creditors who have been waiting months for the next payout. According to CelsiusFactsNumbers, an account that closely follows the case, the estate now holds a substantial amount of money ready for distribution. This follows years of court proceedings, asset sales, and earlier payout rounds meant to gradually return funds to former Celsius customers.

A Clear Breakdown of the New Funds

Celsius now has $476 million available for its next creditor distribution. This represents 9.5% of total claims, making it the largest payout round to date. The estate currently holds $531 million in net assets after receiving a major payment from Tether. Out of this amount, $55 million has been set aside to continue closing down operations, leaving $476 million ready to be sent to creditors.

This marks a sharp increase from the previous distribution of $220 million, which accounted for 4.5% of claims. In short, creditors are set to receive more than twice the amount they received in the last round.

In addition, there is a separate pool of $579 million that is still pending. These funds are tied to disputes, unclaimed accounts, or distributions that failed to reach some recipients. Once resolved, these funds could support future payout rounds.

Community Response

The update immediately sparked discussion among crypto users following the case. One user asked whether this could be the final payout, but the analyst clarified that at least two more rounds are expected after the upcoming fourth distribution.

Another user noted earlier rumors of a December payout. The analyst confirmed that creditors are still waiting for that timeline. The conversation also corrected a misconception about the size of the previous distribution. While some believed the last payout was $330 million, the actual figure was $220 million.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Top Crypto Analysis: ETF Flows Highlight Mixed Signals for XRP, ETH, and DOGE

The post Top Crypto Analysis: ETF Flows Highlight Mixed Signals for XRP, ETH, and DOGE appeared first on Coinpedia Fintech News This week’s Top crypto analysis reveals a shifting dynamic across

Crypto Market Panic Grows as Fear Index Hits Extreme Lows, Is Bitcoin Entering a Bear Market?

The post Crypto Market Panic Grows as Fear Index Hits Extreme Lows, Is Bitcoin Entering a Bear Market appeared first on Coinpedia Fintech News The crypto market is very scared right now The Fear and

Crypto Sell-Off: Binance, Coinbase, Dump Over $2 Billion In Bitcoin As Prices Dip Below $90,000

The cryptocurrency market experienced another wave of liquidations on Friday, with Bitcoin (BTC) prices dipping below the critical support level of $90,000 This decline followed a brief rally that

Bitcoin Settles In Consolidation Zone – Levels To Watch

Bitcoin (BTC) trades just below $90,000 after a fluctuating week of price action resulted in a net loss of 18% Despite initial hopes of a resurgence in late November, the premier cryptocurrency is

Coinpedia Digest: This Week’s Crypto News Highlights | 6th December, 2025

The post Coinpedia Digest: This Week’s Crypto News Highlights | 6th December, 2025 appeared first on Coinpedia Fintech News It was a busy and uneasy week for crypto, with big banks stepping in just

Pi Network Pi Coin Faces Risk of Delisting After China Calls It a High-Risk Token

The post Pi Network Pi Coin Faces Risk of Delisting After China Calls It a High-Risk Token appeared first on Coinpedia Fintech News Pi Network’s native token Pi coin is under new pressure after