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Celsius Customers Details Revealed Through Court Documents

In a financial disclosure form submitted on October 5, publicly accessible court records relating to Celsius’ bankruptcy proceedings disclosed data identifying thousands of its clients.

The document is nearly 14,500 pages lengthy, and while client addresses have been redacted, it includes customer names, quantities, kinds, descriptions, and timing of transactions on the site, as well as the US dollar amounts and cryptocurrency type utilized, among other facts.

The publicly available material revealed in the court records has caused widespread concern in the crypto community.

The filings also show Celsius executives taking over $17 million in cryptocurrency in the weeks before the platform’s withdrawals were stopped.

Celsius former CEO and co-founder Alex Mashinsky withdrew over $10 million from the platform in May, co-founder and former chief strategy officer Daniel Leon took approximately $7 million, and current chief technology officer Nuke Goldstein withdrew approximately $550,000.

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.