NEW YORK: Celsius Network LLC on Tuesday sued a former investment manager, accusing him of losing or stealing tens of millions of dollars in assets before the crypto lender went bankrupt last month.
Celsius said Stone proved"incapable" of deploying coins profitably, causing"many tens of millions of dollars" in losses. Tuesday's lawsuit was filed six weeks after KeyFi sued Celsius in a New York state court in Manhattan. "Celsius's most recent filing is an attempt to rewrite history and use KeyFi and Mr. Stone as a scapegoat for their organisational incompetence," Roche said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: