Celsius reveals customer data breach by vendor’s employee
Celsius has downplayed the extent of the breach, saying its systems and security was not impacted.

Follow Celsius news, including bankruptcy proceedings, creditor updates, legal rulings, restructuring efforts, and fallout across crypto markets.
In a now deleted stated, Zipmex said its exposure to Babel Finance was $48 million while that to Celsius Network was $5 million.
Timothy Cradle said Celsius' company culture disregarded compliance, leading to risky and unethical plays including CEL manipulation.
At the first bankruptcy hearing for Celsius, the platform's lawyers claimed retail users gave up legal rights to their crypto by accepting the terms of service.
The lack of legal precedent, on-going lawsuits, and the complexities of a Chapter 11 bankruptcy mean Celsius users may face a long process to recover deposits.
Pharos, listed as Celsius's biggest creditor with an $81 million claim, is an opaque company with close ties to Alameda Research.
Celsius has maintained a positive tone despite filing a Chapter 11 bankruptcy claim on July 13.