Lawsuit accuses Celsius of fraud for millions of dollars
A former partner of the company Jason Stone said, Celsius ran a Ponzi scheme and refused to pay for providing services worth millions of dollars.
According to Reuters, the man sued crypto lending platform Celsius in New York state court in Manhattan on 7 July. The complaint has few points including "gross mismanagement of customer deposits," used Ponzi scheme and refusing to pay for provided service former manager. In the last point the plaintiff said he helped to earn Celsius and KeyFi $838 millions. But he didn't get 20% by this income by the non written agreement.
Celsius had no comment about this situation. The company has 20 day for create his stance in this lawsuit.
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