Zaryn Dentzel, a technology entrepreneur who lost 800 Bitcoin (BTC) worth around $1.5 million to Celsius Network’s liquidity crisis, was a victim of a home invasion last year, losing millions of dollars worth of BTC to the robbers.
Celsius Network Creditor Assaulted in His Home
According to Newsweek, the 38-year-old tech millionaire was sitting at his home in Madrid when his doorbell rang and five hooded men forced themselves inside. The gang quickly blocked his security cameras and covered his face before starting to assault him.
The attack lasted for hours, during which the assailants allegedly sprayed him in the eyes and forced him to hand over his belongings, including a password to his crypto wallet that contained bitcoin and other digital asset investments. The report claimed that the wallet holds millions of dollars worth of BTC.
Spanish police later arrived at the scene after his neighbor heard him call for help and tipped the police. The police later involved Forensic experts in examining the crime scene to gather more information regarding the theft.
As of last year, the case was still being investigated by the Spanish police, which told another news media, El País, that Dentzel had cuts in his chest after the incident.
Dentzel Could Recover Some of His Assets
The theft, coupled with the recent loss of 800 bitcoin to the bankrupt crypto lender, has caused one man to become a victim of two unfortunate events. However, all hope is not lost, as he could regain some of his assets from Celsius.
Last week, the company announced its plans to auction certain types of its assets on October 20. According to the new court document filed at the United State Bankruptcy Court in the Southern District of New York, the crypto lender will close the bidding on October 17 before proceeding with the auction.
The firm could use the proceeds from the auction to settle its debtors, which include Dentzel, after a hearing with Chief Bankruptcy Judge Martin Glenn on November 1.
The company became one of the many victims of the bear market after failing to honor margin calls and customer withdrawal requests in June due to unstable market conditions.
