Creditors of the bankrupt crypto lender Celsius Network are being targeted in a new wave of phishing attacks as the lender’s bankruptcy proceedings enter its final stages. Reports on social media have shown an increase in phishing emails impersonating Stretto, the bankruptcy services platform for Celsius and its creditors. The malicious emails contain links to a fake website which pops up a connect wallet prompt, allowing the scammers to drain the crypto asset contents. An analyst and business manager has warned that phishing attacks are likely to increase as the proceedings approach their final stages, and advised taking precautions and double-checking links. In mid-August, Celsius was authorized to start sending out ballots to its customers for a vote on a proposed settlement plan, and the final date for voting was September 18th with the report scheduled for September 20th and a confirmation hearing slated for September 29th. Celsius intends to seek final court approval of its restructuring plan on October 2nd. The phishing attacks appear to stem from previous data breaches, including an email server breach in April 2021 and a third-party data breach in July 2022. Customers of the crypto lender have been waiting to be made whole ever since Celsius halted withdrawals in June 2022 after the collapse of the Terra/Luna ecosystem.

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Information	Details
Geography	North America
Countries
Sentiment	negative
Relevance Score	9
People	BnkToTheFuture, CEO, Simon Dixon, Elon Musk
Companies	BnkToTheFuture, Celsius Network, Stretto, Terra/Luna ecosystem, Core Scientific.
Currencies	Terra Luna Classic, Ethereum, Bitcoin, Celsius Network
Securities	None