By Qadir AK 11 October 2022 | 2:35 pm

User Lost $40M Worth of BTC in Celsius Network Crisis

The post User Lost $40M Worth of BTC in Celsius Network Crisis appeared first on Coinpedia Fintech News

The recent breach of Celsius network users’ transactions revealed some interesting development days after the tragic incident occurred. 

It is worth recalling that the troubled cryptocurrency lender Celsius disclosed the identities and transaction information of thousands of customers, who incurred massive losses. The document is 1,450 pages long and contains personal information on Celsius’ customers, such as wallet ID, type of tokens owned, and value. The top ten Celsius investors lost more than $200.6 million at the current currency rate, according to the statistics.

Jacob Benjamin Fite, a Celsius user went through a major loss due to the event. Fite’s major holding is Bitcoin (BTC) which represents 98% of his portfolio.