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Celsius has repaid two-thirds of its eligible customers as part of its long-awaited bankruptcy proceedings. According to a Monday court filing, the bankrupt crypto lender has repaid approximately $2.53 billion to 251,000 creditors. The amount represents approximately 84% of the $3 billion worth of assets owed by the defunct crypto lender, which is owed to over 375,000 creditors. The bankruptcy payments are a positive development for the expanding crypto industry. They coincide with the bankruptcy proceedings of the Mt. Gox exchange, which owed over $9.4 billion in crypto to 127,000 creditors. …

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