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Why Celsius Exposed Users And What You Can Do – Bitcoin Magazine


This week, Celsius Network published a large document containing all customer account balances.

The move is part of the company’s ongoing restructuring process after it filed for Chapter 11 bankruptcy earlier this year. The document reflects user balances as of July 13, 2022, when the company began restructuring, and customer transactions that occurred in the 90 days prior to Chapter 11 filing, according to the company Frequently asked questions.

It’s no surprise that the release of such detailed customer data, including balances, transactions and names, has caused uproar above Twitter. That information can not only shed light on each user’s financial information, but also allow observers to analyze the blockchain and anonymously delete addresses on the chain, as the amounts and dates of transactions are stated. details in the document.

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