- About a month ago, KeyFi claimed Celsius had scammed her out of money.
- Celsius suspended customer withdrawals on June 13.
Celsius He filed a counterclaim against his former partner. Celsius, a cash-strapped crypto lending organization, has filed a lawsuit against it hypothetical, a DeFi strategy firm, and its CEO Jason Stone, claimed that millions of dollars were lost due to “KeyFi’s “inefficiency, deception, and diversion” during the two companies’ previous relationship. About a month ago, KeyFi claimed Celsius had scammed her out of money.
According to court filings filed by Celsius, KeyFi stole tens of millions of dollars in cryptocurrency from Celsius wallets, used the funds to purchase hundreds of NFTs and “several blockchain-related companies,” and then laundered the coins via anonymity platform Tornado Cash.
– exchange accusations
The crypto lender also claimed that despite Stone’s initial self-presentation as a “pioneer” in DeFi tools, he eventually proved “unable to spread the coins profitably,” resulting in additional losses for the company worth “tens of millions of dollars.” .
On Twitter, Stone’s attorney responded to the lawsuit by saying that “the compensation received by KeyFi (including in the form of NFTs) was expressly authorized by Celsius CEO Alexander Mashinsky” and that the lawsuit was an “attempt to rewrite history and use of KeyFi and KeyFi by Mr. Stone.” scapegoat for [Celsius’] organizational inefficiency. “
Celsius, the once prominent cryptocurrency lending platform, suspended customer withdrawals on June 13, citing “extreme market conditions,” and has now filed for bankruptcy. Reports suggest that Mashinsky may have lost $50 million trading bitcoin in January 2022 alone, after using client funds to trade hundreds of millions of dollars worth of bitcoin in exchange for the advice of professional traders with decades of experience.
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