There is a display of the biggest monetary losses from Celsius.
A new search tool released over the weekend appears to sift through a recently released database of Celsius customer data and pull together a video game style leaderboard showing how much money they've lost since the firm filed for bankruptcy According to reports, the top three names lost over 40 million dollars. Celsius owes $4.7 billion to users but can't afford to pay them.
The Celsius Net Worth website allows users to search the legal names of Celsius users to see their losses. The tab called "random" pulls up the financial losses of random individuals on the database. The site breaks down each customer's losses by the particular coin they owned and shows both the number of coins and their value.
In July of this year, Celsius, one of the leading lenders in the space, filed for Chapter 11 bankruptcy due to the freefall in the valuation of thecryptocurrencies. The sudden demise helped set in motion the most brutal decline in the history of the industry. The company filed for Chapter 11 just over a month after it said it was rationing all withdrawals due to extreme market volatility. It became apparent that Celsius was on the way out after the supposedly temporary pause grew longer and longer. Several other firms stopped transactions on their platforms as well.
The names and transaction histories of every user on the platform were made public in a bankruptcy court filing. The documents are the most likely source of the data from the tools.
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Celsius CEO Alex Mashinsky and former Chief Strategy Officer Daniel Leon cashed out as much as $17 million and $23 million respectively, not long before the company stopped withdrawing money.
Celsius did not reply immediately.
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