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Cryptocurrency News

Mashinsky says ‘Sharks of Wall Street’ circling around Celsius and other projects

05/20/2022

Less than a minute

2022.05.20 09:15

The CEO of crypto lending and staking platform Celsius Alex Mashinsky believes “the Sharks of Wall Street” can smell blood in the water and are causing instability at several crypto projects.

Mashinsky attributes recent Celsius (CEL) price falls, the brief Tether (USDT) depegging, and collapse of Terra (LUNA) — at least in part — to short sellers on Wall Street. CEL has fallen from its all-time high of $8.05 to $0.82, which is a 90% drop.

Source

05/20/2022

Less than a minute