Following its collapse in July 2022, Celsius Network is distributing $127 million to eligible creditors in a second payment under bankruptcy proceedings, according to court documents. The latest distribution raises the total collection rate to 60.4 percent of eligible claim amounts, on top of the initial payment in January 2024, when approximately 57.65 percent of eligible claims were paid in liquid crypto assets or cash. The second issuance consisted mainly of liquid crypto assets, with funds p...