Celsius Corporate Creditors Seek Fair Treatment in Bankruptcy Disbursement

A married couple with Celsius corporate accounts is requesting a second disbursement from the bankruptcy proceedings after facing a 35% payment reduction compared to non-corporate accounts. The couple, along with other creditors, filed a motion on June 3, with a hearing set for June 27. The motion follows complaints of delayed payments and cash instead of crypto disbursements, resulting in losses for corporate creditors. The creditors, known as the 'Faller Creditors,' are seeking approval for further distribution under the bankruptcy plan. Despite being promised over $1 million in BTC and ETH, they received significantly less due to delays and payment discrepancies. The estate's choice of payment agents and conversion delays have been criticized, with claims of unfair treatment towards corporate accounts. The ongoing legal battle highlights the challenges faced by creditors in the crypto lending platform's bankruptcy aftermath.