The charges included commodities fraud and a scheme to manipulate the price of Celsius (CRYPTO: CEL), Celsius' in-house token. Mashinsky admitted to providing Celsius customers with “false ...

He manipulated the price of Celsius’s own cryptocurrency token, CEL, to make it seem more valuable than it actually was. Celsius used large amounts of customer money to buy up CEL tokens ...

Murtuza Merchant Crypto Lender Celsius Gets Fresh Start After $4.7B Bankruptcy, CEL Token Up 27% Crypto lender Celsius (CRYPTO: CEL) saw its CEL token trade 27% higher, taking its seven-day ...

with the most obvious being the $600 million worth of CEL token the company claims as an asset. The firm also engaged in collateralized lending with customer deposits to invest in a mining operation ...

The plaintiff is represented by Robbins Geller, which has extensive experience in prosecuting investor class actions including actions involving financial fraud. You can view a copy of the complaint ...

Mashinsky and co-conspirators used customer deposits to fund market purchases of the Celsius token to prop up its value. Machinsky made tens of millions of dollars selling his own CEL tokens at ...