{"id":244363,"date":"2022-06-21T00:07:12","date_gmt":"2022-06-20T23:07:12","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=244363"},"modified":"2022-06-21T08:50:59","modified_gmt":"2022-06-21T07:50:59","slug":"celsius-faces-potential-short-squeeze-20m-bounty-possible-attack","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/celsius-faces-potential-short-squeeze-20m-bounty-possible-attack\/","title":{"rendered":"Celsius faces a potential short squeeze; $20M bounty out on info about possible attack"},"content":{"rendered":"

There has been a lot of talk about Celsius and its founder Alex Mashinsky over the past week. Some believe the situation is over-hyped<\/a>, while others fear insolvency is unavoidable<\/a>.<\/p>\n

The lack of transparency around the entire ordeal is hugely troubling for both retail and institutional investors alike.<\/p>\n

$20 million bounty<\/h2>\n

A $20 million bounty<\/a> has reportedly been put out for anyone with information confirming there was a concerted attack on Celsius Network from a third party.<\/p>\n

CryptoSlate has received reports from major crypto content creators that they have received requests asking if they have been paid to spread FUD about Celsius. None of the creators we have spoken to have been approached to do so, but the reports tie in with Plan C<\/a>‘s announcement<\/a> that a bounty is open for anyone with information.<\/p>\n

The bounty would reward anyone with information proving that Celsius was the target of a coordinated attack from prominent institutional players. The market analyst asserted:<\/p>\n

\n

Any whistleblower willing to speak & provide definitive proof that there was a planned attack on #Celsius<\/a> will never have to work another day in their life. <\/p>\n

A verified reward put forward by a respected #Crypto<\/a> group of over $20M. #Bitcoin<\/a><\/p>\n

DM any information.<\/p>\n

Please Retweet \ud83d\ude4f<\/p>\n

— Plan\u00a9\ufe0f #CELShortSqueeze (@TheRealPlanC) June 19, 2022<\/a><\/p><\/blockquote>\n