New Jersey Piles On: Crypto Lender Celsius Hit With 2 Securities Actions in 1 Day
The Garden State is joining Texas in taking Celsius to task.
Texas Securities Regulator Adds Celsius to Its Crypto Lending Crosshairs
The Texas State Securities Board (TSSB) is cracking down on Celsius with an allegation of offering interest-bearing crypto deposits to be unregistered securities. It ordered the crypto lending startup to appear before a hearing in February 2022, where a cease-and-desist order will be considered. Texas has already issued a similar warning to BlockFi. "The Hash" panel discusses the implications for Celsius facing regulatory pressure in Texas in the latest sign of U.S. watchdogs’ growing scrutiny of the booming crypto lending industry.
Texas Securities Regulator Adds Celsius to Its Crypto Lending Crosshairs
Texas has already issued a similar warning to BlockFi.
Crypto Lender Celsius Confirms $54M Investment in Miner Core Scientific
The announcement follows just two days after Core Scientific said it planned to list its shares on the Nasdaq via a merger.
Only 4%? Coinbase Rate on USDC Reveals Focus on Crypto Credit Risk
Greater risk, greater reward? When it comes to USDC deposits, customers might prefer lower risk, lower reward.
Custodian Prime Trust Cuts Ties With Crypto Lender Celsius
A source familiar with the situation said Prime Trust’s risk team was concerned about Celsius’ strategy of “endlessly re-hypothecating assets.”
Crypto Lenders Say Wednesday's Crypto Crash Cleaned Up 'Excessive Leverage'
Several lenders were preparing for the correction.
Crypto Lender Celsius Tells Clients to Increase Collateral in Case of Margin Calls
The lender said clients should be prepared for margin calls because of “market conditions.”
Fireblocks, Celsius Back Zero-Knowledge Credit Scoring for Institutional Crypto Traders
X-Margin’s real-time risk solution is working with crypto hedge fund Dunamis Trading.
Celsius Suffers Third-Party Data Breach, Customers Report Phishing Texts, Emails
The crypto lender's data leak comes almost a year to the date after a similar data leak hit BlockFi.
