Celsius Judge Blasts Stretto's 'Inexcusable' Data Breach Delay
By Alex Wittenberg · May 7, 2024, 7:00 PM EDT
A New York bankruptcy judge slammed claims agent Stretto on Tuesday in response to the company's failure to notify Celsius Network customers affected by a data breach last month, an incident...
Cryptocurrency lending platform Celsius Network LLC filed for Chapter 11 bankruptcy in July, 2022 amid a marketwide downturn known as "crypto winter." In November, it received approval a bankruptcy plan allowing customers to receive crypto asset distributions.
Case Number
1:22-bk-10964
Judge
Martin Glenn
Venue
U.S. Bankruptcy Court for the Southern District of New York