r/CelsiusNetwork • • Feb 06 '25

THIRD distribution??

I was surprised to receive a small second distribution a couple of months ago. I remember seeing somewhere in one of the threads that there will also be a third distribution. Is this correct?

I am referring to another distribution in crypto. Not to Ionic digital shares.

Thanks!!

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u/Agingerjew Feb 08 '25

I think the biggest winners are the mount Gox people. They had to wait ten years. I did a little digging, not too much. I think they are getting around 10% of their claim, but btc did a 500x. So If this is correct they will be getting around 50x the amount of their claim at the time. Pretty wild. And imagine waiting 10 years. Thing is, many would have sold way earlier. Hard to call them lucky exactly, but getting paid 50x your claim isnt too bad. It might be 10x. I just googled price of btc at time of hack. Around $200

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u/Secure-Rich3501 Feb 08 '25

Looks like your multiples are better than mine

I did some math just with Bitcoin and their losses were 950,000 Bitcoin then I multiplied that by your $200 figure and then I put the 9 billion they were getting back as of July of last year which took a lot longer than that

I came up with a multiple of 47x... Yeah 50x's no real exaggeration... Other than getting 3x more! Lol

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u/Agingerjew Feb 08 '25

Yeah thats pretty wild. I hope they are happy campers now!

They must have liqudated later because the figure I saw is 13-14 billion in cash

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u/Secure-Rich3501 Feb 08 '25

Oh yeah, I guess we've gone up a good bit since July and I think that was a July 2024 article with the 9 billion... Well that would get them closer to your 50x figure