@RobertB4444 Ok perfect, however, the caveat is we're not receiving cash we're receiving BTC and ETH. If you held any other crypto with Celsius, they converted it to BTC/ETH during bankruptcy.
For more context, here's the scenario with Celsius if I understand it correctly:
Let's say someone had 1 BTC with Celsius. They dollarized that claim and said your asset is worth $19k at the time of bankruptcy. Fast forward and you're getting around 30% of that $19k, receiving back $5,700 worth of Bitcoin at the current price today (much higher), let's say $40k. $5,700 worth of bitcoin is only 0.1425 BTC. So you're not getting back the other 0.8575 of your Bitcoin (which is now worth $34k unfortunately).
They're actually sending our crypto to paypal and then we have to withdraw the crumbs from there. It's interesting.
I guess the question is how would you tackle that one and file a loss?
