Celsius Creditors Demand Transparency - Coinleaks
Current Date:September 21, 2024

Celsius Creditors Demand Transparency

Celsiuscreditors, some FTXclaims that its users have engaged in questionable transactions that may have manipulated Celsius’s price.

represented by the committee Celsius Networkcreditors sought permission from the bankruptcy judge to subpoena FTX and CEL coin It requested information on 10 crypto wallets allegedly involved in suspicious transactions of . Creditors believe that information from FTX will assist in determining whether transactions are legitimate.

947 Transactions Associated With FTX Detected

Committee, blockchain advisor to identify suspicious transactions elementus He got the help of by committee April 26The subpoena, filed on . 947transaction detected.”

The committee representing creditors of Celsius Network stated that the information they requested from FTX was crucial in determining whether it was intended to artificially inflate the price of transactions involving the CEL.

The committee also requested information on any short positions taken in the CEL. According to the court filing, this transaction may also have had a negative impact on the price.