• About
  • Landing Page
  • Buy JNews
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

CEL Token Soars As Committee Representing Celsius Customers Pledges To Examine CEO Alex Mashinsky for Wrongdoing

SB Crypto Guru News by SB Crypto Guru News
August 10, 2022
in Altcoin
0 0
0
CEL Token Soars As Committee Representing Celsius Customers Pledges To Examine CEO Alex Mashinsky for Wrongdoing


The chief govt of embattled crypto lending platform Celsius (CEL) is reportedly beneath investigation by a committee representing its customers.

A brand new official mission assertion from the committee of unsecured collectors claims Celsius prospects have been repeatedly misled by CEO Alex Mashinsky in regards to the security of their funds and the agency’s enterprise mannequin.

“These claims have been echoed by Mashinsky, who repeatedly promised prospects in his public movies and messages that their funds have been protected, that Celsius had sufficient capital reserves and sturdy danger administration protocols, and that customers might withdraw their cash at any time.

Celsius’ assurances turned out to be empty and false guarantees. On June 12, 2022 – much less than every week after promising to ‘rattling the torpedoes’ – Celsius initiated a ‘Pause’ and halted all account holder withdrawals attributable to ‘excessive market situations.’ Celsius, which had beforehand championed its transparency, then largely went silent…

The Committee has already began this investigation and can work to make sure causes of motion in opposition to Mashinsky and others are preserved and prosecuted for the advantage of the Debtors’ property and the Committee’s constituents.”

The nine-page lengthy assertion references particular tweets from Mashinsky as proof.

After halting person withdrawals and submitting for chapter, Celsius informed prospects they may both get a part of their funds again in money or “stay lengthy” by holding their crypto within the platform. There have additionally been insider stories of CEL token value manipulation.

As efforts mount to reclaim Celsius customers misplaced funds, CEL has loved optimistic value motion. It’s up over 20% within the final 24 hours, 40.3% within the final week and 104% within the final two weeks.

Do not Miss a Beat – Subscribe to get crypto e-mail alerts delivered on to your inbox

Verify Value Motion

Comply with us on Twitter, Fb and Telegram

Surf The Each day Hodl Combine

Verify Newest Information Headlines

&nbsp

Disclaimer: Opinions expressed at The Each day Hodl are usually not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal danger, and any loses chances are you’ll incur are your duty. The Each day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Each day Hodl an funding advisor. Please word that The Each day Hodl participates in affiliate marketing online.

Featured Picture: Shutterstock/Mauro Rodrigues/ARTEMENKO VALENTYN





Source link

Tags: AlexBitcoin NewsCELCelsiusCEOcommitteeCrypto NewsCrypto UpdatesinvestigateLatest News on CryptoMashinskyPledgesRepresentingSB Crypto Guru NewsSoarsTokenusersWrongdoing
Previous Post

What the Twister Money Sanction Means for Privateness Cash

Next Post

Billionaire Mike Novogratz Says Bitcoin At $30,000 Is Unlikely

Next Post
Billionaire Mike Novogratz Says Bitcoin At ,000 Is Unlikely

Billionaire Mike Novogratz Says Bitcoin At $30,000 Is Unlikely

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
The Metaverse is Coming Back! – According to Meta

The Metaverse is Coming Back! – According to Meta

February 7, 2025
How to Get Token Prices with an RPC Node – Moralis Web3

How to Get Token Prices with an RPC Node – Moralis Web3

September 3, 2024
AI & Immersive Learning: Accelerating Skill Development with AI and XR

AI & Immersive Learning: Accelerating Skill Development with AI and XR

June 4, 2025
5 Proven XR and AI Training Use Cases for Enterprises

5 Proven XR and AI Training Use Cases for Enterprises

June 2, 2025
Meta Pumps a Further  Million into Horizon Metaverse

Meta Pumps a Further $50 Million into Horizon Metaverse

February 24, 2025
Samsung Unveils ‘Moohan’ to Compete with Quest, Vision Pro

Samsung Unveils ‘Moohan’ to Compete with Quest, Vision Pro

January 29, 2025
Figma Holds Nearly M In BTC ETFs, Will Buy M Bitcoin

Figma Holds Nearly $70M In BTC ETFs, Will Buy $30M Bitcoin

0
Bitcoin Hashprice Nears 5-Month High After Record Difficulty Drop Since China Ban

Bitcoin Hashprice Nears 5-Month High After Record Difficulty Drop Since China Ban

0
SEC approves Grayscale’s conversion of BTC, ETH, SOL, XRP fund into an ETF

SEC approves Grayscale’s conversion of BTC, ETH, SOL, XRP fund into an ETF

0
Deutsche Bank Plans 2026 Crypto Custody Debut: Are Top Banks Warming Up To Web3?

Deutsche Bank Plans 2026 Crypto Custody Debut: Are Top Banks Warming Up To Web3?

0
Tether Partners with Zanzibar to Promote Stablecoin Adoption and Blockchain Training

Tether Partners with Zanzibar to Promote Stablecoin Adoption and Blockchain Training

0
Markets Will Choose US-Regulated Stablecoins Over CBDCs ‘All Day, Every Day,’ Says Treasury Secretary Scott Bessent

Markets Will Choose US-Regulated Stablecoins Over CBDCs ‘All Day, Every Day,’ Says Treasury Secretary Scott Bessent

0
Altcoin Season Not Coming? Bitcoin Risks Crash To ,200 With Negative Sentiment

Altcoin Season Not Coming? Bitcoin Risks Crash To $98,200 With Negative Sentiment

July 3, 2025
MFA Boston returns two works to Kingdom of Benin – The Art Newspaper

MFA Boston returns two works to Kingdom of Benin – The Art Newspaper

July 3, 2025
Ripple Expands Stablecoin Push With OpenPayd Integration

Ripple Expands Stablecoin Push With OpenPayd Integration

July 3, 2025
Tokenized Deposits vs. Stablecoins: What’s the Difference and Why It Matters

Tokenized Deposits vs. Stablecoins: What’s the Difference and Why It Matters

July 2, 2025
Bitcoin Consolidates Below Resistance — Can It Seal A Weekly Close Over 7,720?

Bitcoin Consolidates Below Resistance — Can It Seal A Weekly Close Over $107,720?

July 2, 2025
Chuck E. Cheese Is Opening an Arcade Concept for Adults

Chuck E. Cheese Is Opening an Arcade Concept for Adults

July 2, 2025
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at SB Crypto Guru News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.