On November 7, 2020 (the "Petition Date"), Cred Inc. and four affiliated debtors (together, the "Debtors") filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code. The Debtors' bankruptcy cases are jointly administered under case no. 20-12836 and are pending before the Honorable Karen B. Owens in the United States Bankruptcy Court for the District of Delaware.
Please review the Frequently Asked Questions HERE.
You can access the Liquidation Trust information request website at https://www.credtrustcp.com. The deadline to submit responses to the Liquidation Trust was May 14, 2025.
Key Dates and Deadlines
Stage 1: until August 15, 2025
• August 15, 2025, deadline for:
• All creditors to complete, sign, and submit the Tax Forms at https://www.credtrustcp.com
• Crypto creditors to log into https://www.credtrustcp.com and select their preferred cryptocurrency
Stage 2: August 18, 2025 to September 29, 2025
• August 18, 2025 https://bitgo.com/credinc opens for crypto creditors to register and complete signup process, including KYC with deadline of September 29, 2025
Stage 3: after September 29, 2025
• Shortly after September 29, 2025 rebalancing takes place
Stage 4: after rebalancing
• Shortly after rebalancing distributions take place
Creditor Communications
On January 3, 2023, the Cred Inc. Liquidation Trust filed a proof of claim in Celsius Network LLC's chapter 11 cases. The proof of claim can be viewed here.
Letter to Creditors - December 24, 2020
Trustee Letter to Creditors - June 22, 2021
Cred - Trust Letter to Creditors 9.22.2021
Court Information
United States Bankruptcy Court
District of Delaware
824 Market Street North, 3rd Floor
Wilmington, DE 19801
302.252.2900