Celsius creditors allege Wintermute facilitated ‘wash trading’: Report By Cointelegraph

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Creditors of bankrupt cryptocurrency lending platform Celsius have alleged that crypto market maker, Wintermute, assisted Celsius executives in manipulating the price of CEL (CEL) through the use of “wash 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 of New Jersey to allege that Wintermute was engaged by Celsius executives to conduct improper market trading.

June 19 court filing in the United States District Court of New Jersey. Source: assets.bwbx.io
June 19 court filing in the United States District Court of New Jersey. Source: assets.bwbx.io