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HomeFinanceCelsius collectors allege Wintermute facilitated 'wash buying and selling': report

Celsius collectors allege Wintermute facilitated ‘wash buying and selling’: report

By Forex Crypto Zone

24 June 2023

Collectors of bankrupt cryptocurrency lending platform Celsius have alleged that crypto market maker Wintermute helped Celsius executives manipulate the value of CEL (CEL) by the usage of “wash buying and selling”.

In line with a June 23 Bloomberg reportwho quoted a latest court docket depositCelsius’s collectors not too long ago amended their trial in New Jersey District Courtroom in the US to allege that Wintermute was employed by Celsius executives to conduct improper enterprise dealings.

June 19 court docket submitting in the US District Courtroom of New Jersey. Supply: property.bwbx.io

June 19 court docket submitting in the US District Courtroom of New Jersey. Supply: property.bwbx.io

Proceed studying on Coin Telegraph

See also XRP overtakes Bitcoin on Upbit with $2.6 billion in buying and selling quantity in 24 hours

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