Celsius collectors allege Wintermute facilitated 'wash buying and selling': Report

Collectors of bankrupt cryptocurrency lending platform Celsius have alleged that crypto market maker, Wintermute, assisted Celsius executives in manipulating the worth of CEL (CEL) by way of using “wash buying and selling.”

In keeping with a June 23 Bloomberg report, which cited a latest court docket submitting, Celsius collectors have just lately amended their lawsuit in america District Courtroom of New Jersey to allege that Wintermute was engaged by Celsius executives to conduct improper market buying and selling.

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