{"id":504933,"date":"2022-10-05T06:42:07","date_gmt":"2022-10-05T06:42:07","guid":{"rendered":"https:\/\/uniquehot.com\/?p=504933"},"modified":"2022-10-05T14:47:40","modified_gmt":"2022-10-05T14:47:40","slug":"celsius-investors-may-be-left-dismayed","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/celsius-investors-may-be-left-dismayed\/","title":{"rendered":"Celsius Investors May Be Left Dismayed As CEL Drops 6.5% In Last 7 Days"},"content":{"rendered":"
To everyone’s surprise, the Celsius Network is still operating\u00a0after the drama surrounding its bankruptcy in July. Alex Mashinky, the company’s CEO, quit on September 27 despite the announcement of a revival.<\/p>\n
The Securities and Exchange Commission joined the chorus of agencies that came down hard on the company. When the SEC ruled that interest-paying crypto investments must be registered, Celsius found itself under a microscope.<\/p>\n
The native token of Celsius, CEL, was impacted by these events, but what’s more unexpected is that CEL is still being used. However, investors of CEL tokens will be even more dissatisfied now that controversy surrounds the token.<\/p>\n