KeyFi and its founder Jason Stone are barred from transferring or disposing of assets related to Celsius bankruptcy

According to a temporary restraining order filed in court Tuesday, KeyFi founder Jason Stone and others associated with KeyFi are barred from transferring or disposing of much of their property related to the Celsius bankruptcy, noting that the company cannot use Tornado Cash, The Block reported. or otherwise conceal a position in any property. The temporary restraining order documents dozens of NFTs deployed by KeyFi in decentralized finance activities, including 13 CryptoPunks and 1 BAYC. According to the order, if Stone or others at KeyFi believe that it is necessary to execute transactions unrelated to the listed NFTs to avoid liquidation or other financial problems, the parties shall file bankruptcy cases with Celsius and the Official Committee of Celsius Unsecured Creditors. Foresight News previously reported that Celsius acquired a stake in KeyFi in 2020. In early July 2022, KeyFi and Stone filed a lawsuit against Celsius, and Celsius filed a countersuit against KeyFi in August.