Celsius Users on High Alert for Phishing Emails Offering 42% Cash-out

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Celsius Users on High Alert for Phishing Emails Offering 42% Cash-out
  • Celsius warns users of fake phishing attempts claiming asset restoration.
  • The firm stressed that legitimate emails would never request personal information.
  • Users are advised to stay cautious and report suspicious messages.

In a recent development surrounding the Celsius bankruptcy case, the crypto lending platform has warned its users about fraudulent phishing attempts. The news came to light when Simon Dixon, a well-known figure closely following the case, took to Twitter to raise awareness.

In lighthearted humor, Dixon tweeted, “Don’t let fake Celsius steal what real Celsius didn’t steal from you,” attaching Celsius’ recent court about the matter.

On Monday, Celsius filed a Fifth Supplemental Notice, disclosing the details of these additional phishing attempts. According to the filing, the debtors were alerted to phishing emails masquerading as ‘Celsius Customer Support’ and targeting certain Celsius customers.

The emails claimed that Celsius and its Plan Sponsor, Fahrenheit, had restored a significant portion of the assets, precisely 42%, and urged customers to withdraw or claim their tokens immediately. The emails also included suspicious hyperlinks.

Celsius made it abundantly clear that these emails were not authorized communications from the company or Fahrenheit, LLC, and suspected them of being phishing scams designed to deceive users into revealing personally identifiable information or account details.

The notice emphasized that Celsius, its Plan Sponsor, or their respective advisors would never contact users via email, telephone calls, text messages, or any other means to request account information or personal data unless ordered by the Court.

To ensure user safety, Celsius stated that before reopening withdrawals, they would provide withdrawal procedures through official channels, including Stretto’s website and the Celsius App.

The company highlighted several withdrawal notices issued in the bankruptcy case to inform users of the legitimate procedures. Ultimately, as the bankruptcy case continues, it is crucial for users to exercise caution and remain vigilant against potential scams and phishing attempts.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.