KeyFi

Two British and Delaware companies within the bankrupt crypto lending Celsius Network group have sued former business partner Jason Stone and his firm KeyFi Inc. for allegedly stealing and losing crypto worth "tens of millions of dollars". The lawsuit was filed 47 days after KeyFi sued Celsius Network, alleging its platform was being operated as "a classic Ponzi scheme".

Complaint alleging "conversion, fraudulent misrepresentations, gross negligence, willful and reckless misconduct and other breaches of duty" in Celsius Network Limited, of England, and Celsius KeyFi LLC, of Delaware v. Jason Stone, of New York, and KeyFi Inc., of Delaware, at the U.S. Bankruptcy Court for the Southern District of New York.

Complaint alleging "a Ponzi Scheme" involving cryptocurrency in KeyFi Inc., of Delaware v. Celsius Network Limited, of England, and Celsius KeyFi LLC, of Delaware, which collectively "operate a "crypto-lending platform" that receives crypto-asset deposits from consumers seeking to earn interest on their crypto holdings", at the Supreme Court of the State of New York, County of New York.