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Cryptocurrency platform Celsius accused its former employee of stealing millions of dollars

5:25 pm, August 24, 2022

The bankrupt cryptocurrency platform Celsius has filed a lawsuit against its former investment manager, accusing the ex-employee of stealing $ 1.4 million.

According to the lawsuit filed in the US Bankruptcy Court, Celsius Network representatives demand the recovery of the stolen assets from Jason Stone and the return of the company’s property (however, it is not yet known what kind of property is involved). «Jason Snow stole cryptocurrency from Celsius wallets by transferring digital assets to various addresses that he owns,» said a Celsius Network spokesperson.

Interestingly, Celsius Network believes that Jason Stone used the Tornado Cash cryptocurrency mixer to launder the stolen funds. Recently, the US Treasury Department imposed sanctions on Tornado Cash, and the developer of the mixer was arrested in Amsterdam, which is outraged by the cryptocurrency community.

It is worth noting that the accused employee filed a counterclaim against Celsius, in which he called the platform a Ponzi scheme. According to Jason Stone, Celsius representatives underestimated cryptocurrency prices, encouraged customers to invest more to get a guaranteed profit, and were involved in the fall of the Terra USD stablecoin.

In July, the Celsius Network cryptocurrency platform filed for bankruptcy. However, this did not prevent the Celsius Network CEL utility token from rising in value by more than 4000% in just two months. Recently, the exchange was again accused of trying to conceal cryptocurrency fraud and deceive its investors.

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