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Embattled crypto lender Celsius has moved over $125 million in Ethereum to various cryptocurrency exchanges in the last week, signaling its plans to commence creditor repayments. Data from Arkham Intelligence shows that between Jan. 8 and 12, Celsius transferred Ethereum worth $95.5 million to Coinbase and $29.7 million to FalconX. Looks like Celsius took the opportunity to unload >$125M of ETH over ETF Week. In the past week, they’ve deposited $95.5M to Coinbase and sent $29.73M to FalconX. They still have $1.4 billion (540K ETH) remaining.https://t.co/jp1PJbN46r pic.twitter.com/xgfX6yU5Ye — Arkham (@ArkhamIntel) January 13, 2024 Despite these large transfers, the lender still holds substantial assets, including over 580,000 ETH, currently valued at approximately $1.47 billion, and 9,799 BTC worth around $417.67 million. On Jan. 5, Celsius Network unstaked an impressive 206,300 ETH, valued at $470 million, with the intention of using these funds for expenses related t...

Bad actors have flooded X, impersonating the bankruptcy claim agent for Celsius to scam claimants. Celsius users are targeted by a potential phishing email attack as the final court approval of its restructuring plan is anticipated on Oct. 2. Several users reported on X they had received phishing emails pretending to be from Stretto, the Claims Agent for the Celsius bankruptcy proceeding. A phishing email pretending to be sent by Stretto to Celsius claimants | Source: BleepingComputer One of the phishing emails shared with BleepingComputer was offering a creditor a 7-day exit window to claim their crypto frozen on Celsius. According to the details, the letter was sent using the address no-reply@stretto[.]com and passed Sender Policy Framework (SPF) checks. The report also says the email includes a link that routes victims to the phishing website claims-stretto[.]com, registered on Sept. 19, 2023. You might also like: Former Celsius executive pleads guilty to pri...