Why Celsius Exposed Users And What You Can Do – Bitcoin Magazine

This week, Celsius Network released a large document containing all of its customers’ account balances.

The move is part of the company’s ongoing restructuring process following its Chapter 11 bankruptcy filing earlier this year. The filing reflects user balances as of July 13, 2022, when the company’s restructuring began, and customer transactions that occurred in the 90 days prior to the Chapter 11 filing, according to the FAQ of the company

Unsurprisingly, the release of this detailed customer data, including balances, transactions and names, sparked a racket activated Twitter. Not only can this information shed light on each user’s financial information, but it also allows observers to analyze the blockchain and de-anonymize addresses on the chain, as transaction amounts and dates are detailed in the document.

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