Celsius

April

Polygon

<p>According to a court filing, crypto blogger Tiffany Fong is a creditor of the bankrupt cryptocurrency lender Celsius Network, and Celsius Network either intended to take legal action against her for disclosing confidential information or may be considering doing so.</p>



<p>According to a screenshot <a href="https://twitter.com/TiffanyFong_/status/1646983715258605569" rel="nofollow noopener" target="_blank">posted</a> by Fong, she presently has crypto assets worth over $119,000 held on Celsius, including Bitcoin (BTC), Ether (ETH), and Polygon (MATIC). This is despite the fact that the company temporarily halted <a href="https://www.cryptopolitan.com/celsius-resumes-withdrawals/?swcfpc=1">withdrawals</a> in mid-June 2022 before declaring bankruptcy the following month.</p>



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">looks like they want to/wanted to even though they owe me $ insane. <a href="https://t.co/0EPxVZ6e3f" rel="nofollow" target="_blank">pic.twitter.com/0EPxVZ6e3f</a></p>&mdash; Tiffany Fong (@TiffanyFong_) <a href="https://twitter.com/TiffanyFong_/status/1646983715258605569?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">April 14, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<p>Since then, she has been regularly updating YouTube and other social media sites with her reporting on the bankruptcy case as it develops. Fong has frequently divulged stolen company data, which she claims was handed to her in confidence by unhappy former Celsius workers.</p>



<p>Kirkland &amp; Ellis International, Celsius&#8217; legal representatives, stated in an itemized sixth monthly fee statement <a href="https://cases.stretto.com/public/x191/11749/PLEADINGS/1174904142380000000019.pdf" rel="nofollow noopener" target="_blank">submitted</a> to the Southern District of New York <a href="https://www.cryptopolitan.com/72-5-crypto-holding-celsius-network-custody-accounts/?swcfpc=1">bankruptcy</a> court on April 14 that it had spent 77 billable hours, or roughly $72,000, on an invoice labeled &#8220;Tiffany Fong litigation.&#8221;</p>



<p>The law firm began working on this matter on January 26 and reported its final hours of work on February 6.</p>



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">Paralegal Ken Sturek billed creditors for hours of “work” spent looking through <a href="https://twitter.com/TiffanyFong_?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">@TiffanyFong_</a>’s Social Media and then outsourcing the voyeurism to <a href="https://twitter.com/FTIConsulting?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">@FTIConsulting</a>.<br><br>Ken should consider becoming a reporter for the <a href="https://twitter.com/nypost?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">@nypost</a> if his law gig doesn’t pan out. <a href="https://t.co/1Bl16dgmgk" rel="nofollow" target="_blank">pic.twitter.com/1Bl16dgmgk</a></p>&mdash; Cam Crews (@camcrews) <a href="https://twitter.com/camcrews/status/1646988041787932674?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">April 14, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<h2 id="celsius-leaked-information">Celsius leaked information</h2>



<p>The filing demonstrates that Celsius&#8217; legal counsel was particularly looking into the leaked information Fong reported on via her social media sites, even if a specific legal action doesn&#8217;t appear to have been developed as of yet.</p>



<p>The motion to compel, which often seeks courts to enforce a request for information pertinent to a case, and cease and desist letters for Fong was also included in the filing by Celsius Law Firm.</p>



<p>Fong has written about internal information leaks involving corporate bids for <a href="https://www.cryptopolitan.com/celsius-network-move-ahead-chapter-11-restructuring-plan/?swcfpc=1">Celsius</a> assets, purported recordings of confidential company talks, and purported transaction activity of executives such as former CEO and founder Alex Mashinsky, to mention a few.</p>



<p>Fong, who is presently in New York for the 2023 NYC NFT event, added fuel to the fire by tweeting on April 15 that she had encountered Alex Mashinsky and his wife Krissy Mashinsky in the street and approached them.</p>



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">At <a href="https://t.co/yX3oBFOarc" rel="nofollow" target="_blank">https://t.co/yX3oBFOarc</a>, <a href="https://twitter.com/Bitboy_Crypto?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">@Bitboy_Crypto</a> and <a href="https://twitter.com/TiffanyFong_?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">@TiffanyFong_</a> met with <a href="https://twitter.com/Mashinsky?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">@Mashinsky</a> and <a href="https://twitter.com/KrissyMashinsky?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">@KrissyMashinsky</a>.<br>(Filmed by <a href="https://twitter.com/JeffTutorials?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">@JeffTutorials</a>) <a href="https://t.co/5Vw85Jqtl1" rel="nofollow" target="_blank">pic.twitter.com/5Vw85Jqtl1</a></p>&mdash; Celsians (@CelsiansNetwork) <a href="https://twitter.com/CelsiansNetwork/status/1647002818123841536?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">April 14, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<p>In a video that was <a href="https://twitter.com/CelsiansNetwork/status/1647002818123841536" rel="nofollow noopener" target="_blank">uploaded </a>to Twitter, the Mashinsky couple can be seen hastily leaving when other crypto content producers including BitBoy Crypto (Ben Armstrong) and Fong approach to strike up a dialogue.</p>

Celsius plans to sue a creditor for disclosing internal information

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