Inside Celsius’ Legal War: Why the Bankrupt Lender is Targeting Its Own Users

• Celsius has sued thousands of former users of the platform in New York courts.
• Celsius is targeting users who withdrew funds within 90 days before the collapse.
• X user medx0 asked the crypto sector to unite and fight against Celsius.

Collapsed crypto lending platform Celsius Network is taking legal action against thousands of its former users who withdrew funds before the bankruptcy, sparking outrage in the crypto community as its native CEL token sees unexpected gains.

One of the defendants took to social media platform X to reveal the details. On the other hand, the CEL token has been outperforming leading digital assets in the market.

Pseudonymous crypto enthusiast “medx0” said that Celsius sued him for his entire net worth. Thousands of other users were also sued in New York courts this week. The defendant called on all crypto users to stand united and fight against Celsius’ actions. 

Celsius Network has officially sued me and thousands of innocent users in New York courts this week. Every single person & entity in crypto needs to be fighting alongside us against this bs. Because if we lose, it will affect every user of a cex.

We are every day peop…

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