In a Celsius executives discussion, they literally said how “no one is buying except for us“. Alex Mashinsky himself then said that artificially pumping up prices is common as others like Solana are doing the same.

We have all heard the somewhat refreshing and amazing news of the big Celsius scammer Alex Mashinsky finally being arrested as many governmental organisations like the SEC filed in lawsuits against Celsius on the same day. This now obviously caused a lot of secrets behind the Celsius scam being exposed right now and party of that is a very interesting conversation between Celsius Executives about the CEL price going down.

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Tweet of leaked Celsius Exec discussion

Here we can see how the first executive talks of the issue being that “only they are buying“ while everyone else is selling, which basically confirms how they have been paying millions to artificially pump up the price of their own token CEL. Something many more may be doing right now.

After that Alex Mashinsky himself answered by saying that this basically no issue at all. He takes the examples of DOGE and especially Solana, as he seems to think that SOL at $5B is highly overvalued and probably also artificially pumped up. Further he suggests that many people already know of this technique and are still buying because they only want the price to go up.

Apart from the subtle Solana stray also here, this really shows how probably a lot more than CEL were using this technique of paying their own millions to keep the otherwise collapsing price of their native token afloat. Maybe as the CEL lawsuits continue Alex Mashinsky will snitch out even more cryptocurrencies for their illicit activities and lies to consumers. Only scammers can know other scammers even better.