Bankrupt crypto lender Celsius, its creditors, and its Series B holders have agreed on a settlement to distribute $25 million from the proceeds of the sale of GK8 to the shareholders, with $24 million allocated for legal expenses and $1 million to be distributed amongst the group.
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- Source: https://www.coindesk.com/business/2023/07/18/celsius-estate-settles-with-series-b-holders-over-proceeds-of-gk8-sale/?utm_medium=referral&utm_source=rss&utm_campaign=headlines