By Walter Grand in Economy —

The court set bail in the case of ex-CEO Celsius in the amount of $40 million

The court set bail in the case of ex-CEO Celsius in the amount of $40 million
Photo by David Underland / Unsplash

Mashynskyy's lawyers said that he does not consider himself guilty and intends to defend his case in court. He is ready to be released on bail of $40 million.

According to the case materials, the ex-CEO and Celsius are accused of "pumping" the rate of the native token of the CEL platform.