Celcius reportedly prepping litigation against creditor for leaking internal info

2 years ago

A tribunal filing indicates that bankrupt crypto lender Celsius Network either intended to, oregon is perchance looking astatine taking ineligible enactment against crypto blogger and Celsius creditor Tiffany Fong implicit leaking interior information.

looks similar they privation to/wanted to adjacent though they beryllium maine $ insane. pic.twitter.com/0EPxVZ6e3f

— Tiffany Fong (@TiffanyFong_) April 14, 2023

A screenshot shared by Fong shows that she presently has astir $119,000 worthy of crypto assets specified arsenic Bitcoin (BTC), Ether (ETH) and Polygon (MATIC) locked connected Celsius, aft the firm paused withdrawals successful mid-June 2022, anterior to filing for Chapter 11 bankruptcy the pursuing month.

Since then, she has been actively reporting connected the bankruptcy lawsuit arsenic it unfolds via YouTube and different societal media platforms. On aggregate occasions, Fong has shared leaked interior information, which she claims was fixed to her privately by disgruntled erstwhile Celsius employees.

In an itemized sixth monthly interest statement from Celsius’ counsel Kirkland & Ellis International submitted to the bankruptcy tribunal of the Southern District of New York connected April 14, the instrumentality steadfast reported that it had worked 77 billable hours worthy astir $72,000 connected an invoice titled “Tiffany Fong litigation.”

— Cam Crews (@camcrews) April 14, 2023

The instrumentality firm’s enactment connected this lawsuit started connected Jan. 26, with the past recorded hours of enactment being reported connected Feb. 6.

While a factual ineligible enactment doesn’t look to person been formulated arsenic of yet, the filing shows Celsius’ ineligible counsel was specifically looking into the leaked accusation Fong reported connected via her societal media accounts.

In the filing, Celsius instrumentality steadfast besides outlined that it was drafting cease and desist letters for Fong, and besides a question to compel, which mostly asks courts to enforce a petition for accusation applicable to a case.

To sanction a fewer examples, Fong has reported connected leaked interior accusation relating to institution bids connected Celsius assets, alleged audio of backstage institution discussions and alleged transaction activity of execs specified arsenic erstwhile CEO and laminitis Alex Mashinsky.

They tried existent hard to fell it lone giving it a little enactment and past hiding successful in the supportive docs. https://t.co/OMgyD95Itz

— Keith (@ChazzonKe) April 14, 2023

Speaking with Cointelegraph, Fong didn’t mince her words arsenic she alleged that Celsius is “using lawsuit funds successful an effort to writer a creditor” implicit thing that she asserts isn’t a ineligible contented to statesman with:

“It’s bullshit I didn’t bash thing illegal. I'm not an worker truthful I didn’t interruption an NDA [non-disclosure agreement]. I’m a creditor and they beryllium maine 3.1 BTC & 11.6 ETH.”

Cointelegraph has besides reached retired to Celsius for remark connected the imaginable litigation, and volition update this nonfiction if the institution responds.

Related: Celsius Network to marque April 12 filing, including info connected voting for restructuring plan

Adding substance to the fire, Fong is presently successful New York attending the 2023 NYC NFT event, and posting connected Twitter connected April 15, she revealed that recovered Alex Mashinsky and his woman Krissy Mashinsky retired successful public, and approached them.

LMAO @mashinsky pic.twitter.com/4SarjCAXvY

— Tiffany Fong (@TiffanyFong_) April 14, 2023

A video posted to Twitter besides shows the Mashinsky mates hurriedly walking distant arsenic different crypto contented creators specified arsenic BitBoy Crypto (Ben Armstrong) attack alongside Fong successful an effort to prosecute them successful conversation.

At https://t.co/yX3oBFOarc, @Bitboy_Crypto and @TiffanyFong_ met with @Mashinsky and @KrissyMashinsky.
(Filmed by @JeffTutorials) pic.twitter.com/5Vw85Jqtl1

— Celsians (@CelsiansNetwork) April 14, 2023

Magazine: Crypto Twitter Hall of Flame: Pro-XRP lawyer John Deaton ‘10x much into BTC, 4x much into ETH

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