A website that offers searchable information about Celsius users' losses has been dubbed "a wonderfully terrible demonstration of the perils of KYC" by angel investor Stephen Cole.

Following liquidity issues brought on by the implosion of the Terra ecosystem, CeFi lender Celsius filed for Chapter 11 bankruptcy on July 13. Later, it was discovered that the company had been using high-risk trading techniques, which had cost them significantly.

The company recently submitted a 14,000-page document revealing the data of its creditors, including information on its users, as part of the bankruptcy process. Since then, the document has been deleted.

The paper included names, coin quantity, and coin value for Celsius users in addition to other information. However, upon the company's request, addresses were obscured.

After the "doxing" and the subsequent launch of a searchable website displaying balances held with the company, there are concerns that Celsius users may be threatened with violence and robbery.