Securities Watchdogs File Orders Against Crypto Lender Celsius

Securities Watchdogs File Orders Against Crypto Lender Celsius

A news release published by the New Jersey government web portal indicates that the cryptocurrency lending platform Celsius has been sent a cease and desist order from the New Jersey Bureau of Securities. Furthermore, the Texas State Securities Board has ordered Celsius to appear at a hearing and is also threatening with a cease and desist. Regulators are not taking too kindly to platforms that offer high-yield interest rates on various cryptocurrencies. New Jersey Regulators Send Cease & Desist to Celsius Over ‘Earn Rewards Accounts’ U.S. regulators from the Securities and....


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