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Celsius Distributions: Coinbase \u0026 PayPalCelsius Network said it started to distribute $3 billion worth of cryptocurrency and fiat to its creditors after resolving its bankruptcy. Holding, trading or using crypto assets carry significant risks, please carefully read our Risk Disclosure page. Celsius does not provide any financial. Collapsed crypto lender Celsius Network said it has emerged from bankruptcy and will begin distributing funds to creditors.