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Nalezeno "Vermont": 18

States’ backlash against Binance.US continues with 6th license pulled

1.5.2024
Oregon joins five other states that have delicensed Binance.US after former Binance CEO Changpeng Zhao pleaded guilty to felony charges

US state agency issues alert on crypto fraud happening over social media

21.7.2023
Vermont issued the investor alert after a 74-year-old man lost his life savings of over $340,000 in a crypto fraud orchestrated over Instagram and Telegram

State Securities Regulators Object to Celsius’ Court Motion to Sell Stablecoins

30.9.2022
As Celsius’ bankruptcy proceedings continue, the court’s trustee William Harrington appointed an examiner on Thursday in order to review the company’s finances, according to a filing submitted on September 29. On the same day, state securities officials from Vermont and Texas...

Texas, Vermont regulators object to Celsius stablecoin sale plan

30.9.2022
A key concern is that the firm hasn’t explicitly outlined what it will do with the stablecoin sale proceeds

More Than a Half Dozen US Securities Regulators File Actions Against Crypto Lender Nexo

27.9.2022
Crypto lender Nexo is having issues with state authorities from California, New York, Washington, Kentucky, Vermont, South Carolina, and Maryland. The enforcement actions from multiple state securities regulators detail that Nexo’s Earn Interest Product (EIP) may be in violation...

Vermont's financial regulator alleges Celsius and its CEO made 'false and misleading claims'

7.9.2022
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 Regulators Didn't Use the Word, but I Will: Celsius Was a Ponzi

7.9.2022
Alex Mashinsky always had plenty to say about Celsius’ finances. Most of it, a new Vermont filing claims, wasn’t true

Celsius Resembled Ponzi Scheme at Times, Vermont Regulator Says

7.9.2022
Vermont's Department of Financial Regulation alleged that crypto lender Celsius boosted its balance sheet by counting its CEL token holdings as assets, boosting those tokens' value and "artificially inflating" its net value

Finance Redefined: DeFi market fell off the cliff in Q2, but there’s hope

15.7.2022
Analytical data reveals that DeFi’s total value locked registered a minor dip from the past week, falling to a value of $56.45 billion

Vermont becomes the sixth US state to launch investigation against Celsius

13.7.2022
The state financial regulator alleged that Celsius violated state security laws by offering high crypto interest rate accounts to customers and unethically using clients’ funds to invest in illiquid products

Celsius is ‘Deeply Insolvent,’ Alleges Vermont Department of Financial Regulation

13.7.2022
The troubled lender lacks the assets and liquidity to honor its obligations to investors, DFR said

Coinme Enters Its 49th State, Installing Bitcoin ATMs in Vermont Grocery Stores

26.4.2022
Bitcoin ATM operator Coinme is arriving in Vermont, its 49th state. Only New York remains uncracked. @camlearnscrypto reports

Kentucky Regulators Crack Down on Blockfi Interest-Bearing Accounts

31.7.2021
The crypto lender Blockfi is now dealing with regulators from five states as Kentucky has joined the fray against the firm’s Blockfi Interest Accounts (BIAs). On July 30, Blockfi shared a statement on Twitter that explained the Kentucky Department of Financial Institutions (DFI) has sent...

New Jersey’s Order Against Blockfi Extended, Vermont Issues Notice to Crypto Lender

29.7.2021
On July 28, Zac Prince, the CEO of crypto finance firm Blockfi, explained that the company has been “engaged in a productive discourse” with U.S. regulators. Prince further said the New Jersey Bureau of Securities had extended the state’s previous order to September 2. Meanwhile...

Vermont Rapper Releases Hip Hop Track ‘#Freeross,’ Ulbricht Petition Nears 300K Signatures

27.3.2020
Southern Vermont-based hip-hop artist, Krypto Man, has released a new single called “#Freeross” in hopes to get Ross Ulbricht released from prison. Krypto Man is a well known rapper on the east coast and revenue from the song will be donated to the nonprofit Freeross.org. Ross Ulbricht...