Stone and KeyFi have stolen Celsisus property worth millions of dollars using Tornado Cash
In there response to Kefi Action bought by Kyle Roche Firm; Freezing Celsius Funds and bankrupting Celsius, on 23rd August 2022 Celsius filed a law suit against Ex Partner Kefi –
Reuters Reported: “Celsius accused Jason Stone and his company KeyFi Inc of “gross negligence” and “extraordinarily inept” crypto investing, after Stone falsely portrayed himself as a pioneer in the field.”
“Celsius said Stone proved “incapable” of deploying coins profitably, causing “many tens of millions of dollars” in losses.”
“It said he then misappropriated assets to buy hundreds of non-fungible tokens (“NFTs”) that he stored out of reach, and covered his tracks by using Tornado Cash, a crypto “mixer” that the U.S. Treasury Department sanctioned on Aug. 8 because it might help launder cybercrime proceeds.”
From September 2020 and September 2021, the price of CEL rose by 1,770% in parallel to Bitcoin, dropping by 66% this year.
Celsius demands the return of its property and damages to be paid because of the breaches of duty, while KeyFi is pursuing similar relief.
Kyle Roche, the lawyer of Stone, said on Twitter that the compensation received by KeyFi, including NFTs, was “expressly authorized” by Alex Mashinsky, the CEO of Celsius
In reply to Celsius Claim Kyle Roche said: “….that the most recent filling of Celsius was an attempt to change history and use KeyFi and Stone as the fall guy for their organization’s inability”
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