This information comes from the court document filed today of the Joint Chapter 11 Plan of Reorganization of Celsius. An excerpt from the document gives a breakdown as follows: Under this current plan, Celsius customers who held liquid cryptocurrency on the platform's Earn Program would receive only 36.4% of their funds. This was all the court processes were able to recover for them at least thus far. Knowing Alex Mashinsky, I think we can surmise were all the rest went. I will still never wrap my head around him and his wife selling "Unbankrupt yourself" t-shirts after Celsius went bankrupt, as a dark twist on the Celsius slogan "Unbank yourself". I guess this is just another lesson in not your keys. [link] [comments] |
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