Jason Stone – DIGIT INFO

Bankrupt Crypto Lender Celsius Seeks to Reopen Withdrawals for Specific Customers

DIGIT — Fri, 02 Sep 2022 17:30:40 +0000

Celsius Network Ltd., the crypto lender that filed for Chapter 11 bankruptcy protection on July 13, is looking to release roughly $50 million worth of crypto assets to Celsius custody account holders. Reportedly, the Celsius custody accounts did not participate in the earn and borrow program. A court hearing concerning the matter of relief will […]

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Celsius Countersues Keyfi Founder, Company Claims Millions Were Stolen From Crypto Lender’s Wallets

DIGIT — Wed, 24 Aug 2022 14:00:54 +0000

Roughly seven weeks after Keyfi founder Jason Stone filed a lawsuit against the crypto lender Celsius, the company has filed a countersuit against Stone claiming that he stole millions from Celsius wallets and allegedly “pocketed seven-figure returns.” Stone’s attorney Kyle Roche says the lawsuit is an attempt to “rewrite history,” and to use Stone as […]

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Celsius Clients Beg Bankruptcy Court to Release Crypto, One Customer Needs Funds to ‘Put Food on the Table’

DIGIT — Thu, 28 Jul 2022 21:48:40 +0000

After the crypto lender Celsius filed for bankruptcy protection on July 13, the company recently contacted customers and explained that an employee from one of the firm’s vendors accessed a list of Celsius client emails, and the email addresses were “transferred to a third party.” Furthermore, Celsius customers have written to the court begging to […]

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Keyfi Founder Sues Celsius — Says Crypto Lender’s Entire Portfolio Had ‘Naked Exposure to the Market’

DIGIT — Fri, 08 Jul 2022 04:30:12 +0000

On July 7, 2022, the pseudonymous non-fungible token (NFT) collector known as “0xb1” published a Twitter thread that discusses the collector’s true identity and his relationship with the crypto lending firm Celsius. According to 0xb1, otherwise known as Jason Stone, his team found “major problems in how the company operated,” and Stone told Celsius his […]

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Bombshell allegations of fraud as KeyFi takes Celsius to court

DIGIT — Fri, 08 Jul 2022 03:40:59 +0000

KeyFi Inc.’s complaint alleges that Celsius failed to honor a multi-million dollar profit sharing agreement after deploying numerous successful staking and DeFi strategies for the firm.

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