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Data Privacy in Bankruptcy: The Consumer Privacy Ombudsman - Harvard Law Review

Summary by harvardlawreview.org
Introduction Celsius Network, a cryptocurrency platform and lender, filed for bankruptcy in 2022. Through its course of business, Celsius had acquired the financial data of about 600,000 customers that it planned to include in a bankruptcy asset sale. This included information about customer “wallet addresses, transaction histories, crypto holdings, [and] recent transactions.” The U.S. Trustee filed a motion for the appointment of a consumer pri…
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harvardlawreview.org broke the news in on Monday, March 10, 2025.
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