Celsius froze withdrawals of user assets earlier this week, citing market conditions Regulators want to ensure incidents like this do not occur again Five state regulators have opened investigations…
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The U.S. Securities and Exchange Commission (SEC) and several state regulators are reportedly investigating the decision by crypto lender Celsius Network to freeze withdrawals. U.S. Securities... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author: coinmaker
“Acting in the interest of our community remains our priority and we will continue to work around the clock,” Celsius said The firm said it’s maintaining an open dialogue with regulators and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]…
Celsius is unlicensed in Vermont and provided unregistered securities offerings, the agency said The lender used customer funds in risky and illiquid investments, trading and lending, it added Troubled cryptocurrency lender Celsius is in no position to fulfil withdrawal obligations or repay loans to creditors, according to financial regulators in…