CEL Exploded 80% as US DOJ Seeks 20-Year Sentence for Celsius Founder Mashinsky

Description

TL;DR The token saw a sharp price increase after the DOJ called for a severe prison sentence for ex-Celsius CEO Alex Mashinsky, accusing him of years-long deception and financial misconduct. His court hearing is scheduled for May 8. CEL Reacts to the Request The native token of Celsius Network – CEL – has seen a steep decline in the past months, plunging below $0.06 earlier in April and later rising to around $0.08. Over the past 24 hours, though, it experienced an 80% price rally, climbing to a...