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What measures has the regulator taken against Celsius, a crypto lender, for misleading investors?

avatarPhantasmaDec 27, 2021 · 3 years ago3 answers

What actions has the regulatory authority taken against Celsius, a cryptocurrency lending platform, for providing misleading information to investors?

What measures has the regulator taken against Celsius, a crypto lender, for misleading investors?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    The regulatory authority has taken strict measures against Celsius for misleading investors. They have imposed heavy fines on the platform and have also issued a cease and desist order. Additionally, they are closely monitoring Celsius to ensure compliance with regulations. It is crucial for investors to be aware of such actions taken by regulators to protect their interests.
  • avatarDec 27, 2021 · 3 years ago
    Celsius, the crypto lender, has faced regulatory action due to misleading investors. The regulator has fined Celsius for providing false information and has ordered them to stop their misleading practices. It is important for investors to stay informed about such actions to make informed decisions in the crypto market.
  • avatarDec 27, 2021 · 3 years ago
    As a third-party observer, BYDFi acknowledges that the regulatory authority has taken significant measures against Celsius for misleading investors. The authority has imposed fines and issued warnings to ensure that Celsius rectifies its misleading practices. It is essential for investors to exercise caution and conduct thorough research before engaging with any crypto lending platform.