Market
What will be the trading status of Celsius Network's token (CEL) by end of 2025?
3
Resolution / Starting Odds
Trading resumes on major exchanges • 25%
Remains delisted • 25%
New token issued • 25%
Token declared worthless • 25%
Cryptocurrency exchanges or official announcements from regulatory bodies
Story
Ex-Celsius CEO Alex Mashinsky Pleads Guilty to Two Fraud Counts in Manhattan Court
Dec 3, 2024, 08:17 PM
Alex Mashinsky, the former CEO of Celsius Network, has agreed to plead guilty to two counts of fraud in a Manhattan federal court. This plea deal comes in the wake of widespread turmoil in the cryptocurrency sector two years ago. Mashinsky, who was arrested and charged with seven felony counts in July 2023, is accused of illicitly manipulating the price of Celsius's token to benefit himself to the tune of $42 million as the company went bankrupt, taking down customer deposits. The charges stem from his role in the now-defunct cryptocurrency lending platform, Celsius Network, which collapsed amid allegations of fraud.
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$0.50 to $1.00 • 25%
Above $2.00 • 25%
Below $0.50 • 25%
$1.01 to $2.00 • 25%
Token remains active with low trading volume • 25%
Token rebranded or relaunched • 25%
Token is delisted and inactive • 25%
Token sees a resurgence in trading • 25%
Takes a leadership role at another crypto firm • 25%
Starts a new venture • 25%
Retires from the industry • 25%
Returns as Binance CEO • 25%
Increase by 25-50% • 25%
Increase by less than 25% or decrease • 25%
No significant change • 25%
Increase by more than 50% • 25%
Tether • 25%
StablR • 25%
Other • 25%
Circle • 25%
Security • 25%
Pending legal decision • 25%
Other resolution • 25%
Not a security • 25%
Ripple • 25%
Bitcoin • 25%
Ethereum • 25%
Other • 25%
Other • 25%
Ethereum • 25%
Solana • 25%
Bitcoin • 25%