Celsius customer received $67,000 tax bill for funds lost in crypto lender's bankruptcy, report says

• A Celsius Network customer was hit with a $67,000 tax bill for funds lost by the bankrupt lender.
• Doug Stringer had more than $2 million tied up with the lender when it froze withdrawals.
• Customers remain subject to charges on the high interest income promised by the bankrupt lender.

A Celsius Network customer was hit with a $67,000 tax bill on funds lost in the crypto lender's bankruptcy last year, as tax filings bring up grim memories and new complications for wronged investors.

Bloomberg reported that Doug Stringer, a customer from San Antonio, Texas, had invested more than $2.8 million in Celsius Network prior to its bankruptcy filing last July.