Celsius Creditors Allege Wintermute’s Potential Involvement in Manipulative Trading Scheme

Creditors of the bankrupt cryptocurrency lending platform Celsius have recently amended their lawsuit to accuse Wintermute, a prominent crypto market maker, of participating in a wash trading scheme. The allegations suggest that Wintermute colluded with Celsius executives to manipulate the price of CEL tokens through improper market trading, ultimately defrauding investors.