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Celsius prepares a massive $476M creditor payout—its largest yet—doubling the previous round and signaling major progress in concluding the bankruptcy case.
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With two more payout rounds expected and $579M still pending resolution, creditors gain renewed optimism as Celsius accelerates its long-delayed distributions.
The Celsius bankruptcy case continues to evolve, and the latest update brings a much-needed boost of optimism for creditors who have been waiting months for the next payout. According to CelsiusFactsNumbers, an account that closely follows the case, the estate now holds a substantial amount of money ready for distribution. This follows years of court proceedings, asset sales, and earlier payout rounds meant to gradually return funds to former Celsius customers.
A Clear Breakdown of the New Funds
Celsius now has $476 million available for its next creditor distribution. This represents 9.5% of total claims, making it the largest payout round to date. The estate currently holds $531 million in net assets after receiving a major payment from Tether. Out of this amount, $55 million has been set aside to continue closing down operations, leaving $476 million ready to be sent to creditors.
🥳 #CelsiusNetwork has $476M, or 9.5% of total claims, to distribute!
After the Tether payment, the bankruptcy estate now holds $531M in net assets. Subtracting the initial $55M budget to support wind-down leaves $476M available for distribution, this is more than double the… pic.twitter.com/aFamQQ1DJY
— CelsiusFactsNumbers (@CelsiusFacts) December 5, 2025
This marks a sharp increase from the previous distribution of $220 million, which accounted for 4.5% of claims. In short, creditors are set to receive more than twice the amount they received in the last round.
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In addition, there is a separate pool of $579 million that is still pending. These funds are tied to disputes, unclaimed accounts, or distributions that failed to reach some recipients. Once resolved, these funds could support future payout rounds.
Community Response
The update immediately sparked discussion among crypto users following the case. One user asked whether this could be the final payout, but the analyst clarified that at least two more rounds are expected after the upcoming fourth distribution.
Another user noted earlier rumors of a December payout. The analyst confirmed that creditors are still waiting for that timeline. The conversation also corrected a misconception about the size of the previous distribution. While some believed the last payout was $330 million, the actual figure was $220 million.