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VOICE ARCHIVE

@californiadfpi

@californiadfpi
3 posts
2022-07-14
The DFPI has issued a consumer alert and is investigating companies offering crypto-interest accounts. Due to market volatility, some companies are preventing customers from withdrawing & transferring from accounts. We're taking this matter seriously. https://dfpi.ca.gov/... https://twitter.com/...
2022-07-14 View on X
CNBC

Celsius files for Chapter 11 bankruptcy protection in New York, declaring assets and liabilities between $1B and $10B, plus $167M in cash on hand for operations

- Crypto company Celsius has started the process of filing for Chapter 11 bankruptcy protection.

The DFPI has issued a consumer alert and is investigating companies offering crypto-interest accounts. Due to market volatility, some companies are preventing customers from withdrawing & transferring from accounts. We're taking this matter seriously. https://dfpi.ca.gov/... https://twitter.com/...
2022-07-14 View on X
Bloomberg

Celsius has repaid $900M+ in debt to DeFi platforms while its customer withdrawal freeze enters a full month, raising a legal debate on who should be paid first

and hanging retail customers out to dry—may be legit https://www.bloomberg.com/... @californiadfpi : The DFPI has issued a consumer alert and is investigating companies offering cr...

2022-07-13
The DFPI has issued a consumer alert and is investigating companies offering crypto-interest accounts. Due to market volatility, some companies are preventing customers from withdrawing & transferring from accounts. We're taking this matter seriously. https://dfpi.ca.gov/... https://twitter.com/...
2022-07-13 View on X
Reuters

Vermont's Department of Financial Regulation joins a multistate investigation into Celsius and says it believes the cryptocurrency lender is “deeply insolvent”

July 12 (Reuters) - Vermont's Department Of Financial Regulation on Tuesday said troubled crypto lender Celsius is …