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State Securities Regulators Object to Celsius Court Motion to Sell Stablecoins – Bitcoin News

State securities officials from Vermont and Texas filed objections to the crypto lender accessing the company’s stablecoin cache.

New yorkUnited statesNew jerseySouth carolinaJamie redmanShoba pillayWilliam harringtonAlex mashinskyVermont department of financial regulationTrustee adds court appointed examinerAlabama securities commissionState securities regulators objectCelsiu court motionSell stablecoinsSecurities officials step intoCelsius bankruptcy

Celsius Had Been Insolvent Since 2019: Vermont Regulator

State regulators assert that the cryptocurrency exchange artificially inflated the market price of its native CEL token.

New yorkUnited statesAlex mashinskyEthan mclaughlinChris ferranoCompany net positionUnited states bankruptcy courtNet positionSouthern districtCelsius networkAlex mashinskyCelsius bankruptcyEl token

Bankrupt Crypto Lender Celsius to Allow Withdrawals for Some Customers

Separately, 64 customers petitioned to have their custodial deposits returned, arguing Celsius has the ability to do so.

New yorkUnited statesTerms of serviceCelsius networkCustody assetsSouthern districtMi exclusiveCrypto winterCrypto bear marketCelsius networkCelsius bankruptcyAlex mashinskyEnnifer sor

Social Aspects of Crypto Are the Market s Biggest Pitfall

The social aspect is an alluring part of crypto - and that's been a dangerous pitfall for some investors, as FOMO encourages big risk taking.

New yorkUnited statesPaul delfabbroSwan bitcoinCory klippstenUptal dhlokiaAlex mashinskyTiffany fongTerms of serviceRice universitySouthern districtWall street betsMi exclusiveRypto crashSocial mediaCelsius bankruptcy

Crypto Lender Celsius Is Conducting Its Own Misconduct Investigation

The Celsius bankruptcy docket has swelled with hundreds of letters from Celsius users, many suggesting they felt defrauded by its founders.

Celsius bankruptcyIndhu sundar

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