Ethereum (ETH) Leads Liquidation Followed By Bitcoin (BTC) And Solana (SOL)

Former asset manager, KeyFi files a lawsuit and claims Celsius is an elaborate “Ponzi Scheme” as they sue the troubled company on July 7th. Celsius used client funds to raise the price of its own CEL coin and influence broader cryptocurrency markets, the lawsuit, filed in New York state court in Manhattan, claims. However, due to its inability to adequately manage risk, the company is currently facing a liquidity crisis

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