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Intl Celsius Creditors

snapshot for November 2024
November 2024 ×
28 November 2024
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Danieltext not yet in the index
Yeah, they purchased btc at 95m. Then they will spend 4-6 month trying to send it to my non-existent coinbase. Then they will sell and wire me usd I reeeeeeally hope btc won't be 80k by that time 😄😭
Replymessage unavailable
The entirety of the $127M is designated for creditors which adds to the claim reserve rather than depleting it. BTC for the distribution was recently acquired by the Plan Administrator’s team using funds made available by the Litigation Trust. $95,836.23 can be interpreted as his average acquisition price — this calculation was necessary to proportionally allocate the funds for receipt by creditors.
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Only General Earn claims above $5k are entitled to receive a distribution— so the minimum amount received would be valued at over $100 at current prices. This is well over 30x more than current network fees.
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So my calculation is $20k claim x 2.75%=$550 recovery. $550 converted to 🅱️itcoin price @$95800=0.00574 bitcoin. 🙄😞
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everyones kinda ignoring me here😭 I don't kow if im getting wire or coinbase transfer
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The above was from the wind-down estate’s announcement email.
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is there a calculator for our 2nd claim?
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that may or may not be correct, just passing on
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i cant find my USD equivalent claim 🤔
29 November 2024
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