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Celsius creditors allege Wintermute facilitated ‘wash trading’ — Report
© Reuters.
Creditors of bankrupt cryptocurrency lending platform Celsius Network have alleged that crypto market maker Wintermute assisted Celsius executives in manipulating the price of Celsius (CEL) through improper market trading.
According to a June 23 Bloomberg report, which cited a recent court filing, Celsius creditors have recently amended their lawsuit in the United States District Court for the District of New Jersey to allege that Celsius executives engaged Wintermute to take part in wash trading.
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