Investing

Celsius creditors allege Wintermute facilitated ‘wash trading’ — Report

Published

on

© 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.

The June 19 court filing. Source: assets.bwbx.io
The June 19 court filing. Source: assets.bwbx.io

Continue Reading on Coin Telegraph

Read the full article here

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Exit mobile version