According to the regulator, Celsius “lacked sufficient assets to repay its obligations” despite suggesting it had enough funds in its reserves to mitigate the risk of insolvency.
Vermont's financial regulator alleges Celsius and its CEO made 'false and misleading claims'
Share to:
Author: PANews
This content is provided for informational purposes only and does not constitute investment advice.
Follow PANews official accounts, let's navigate bull and bear markets together
Recommended Reading
PANews2022-09-07 21:42PANews2022-09-07 20:41
Pioneer's View: Crypto Celebrity Interviews
Exclusive interviews with crypto celebrities, sharing unique observations and insights
PAData: Web3 in Data
Data analysis and visualization reporting of industry hot spots
Memecoin Supercycle: The hype around attention tokenization
From joke culture to the trillion-dollar race, Memecoin has become an integral part of the crypto market. In this Memecoin super cycle, how can we seize the opportunity?
AI Agent: A Journey to Web3
The AI Agen innovation wave is sweeping the world. How will it take root in Web3? Let’s embark on this adventure together!