Celsius Network claimed that the freeze was in the interest of its customers, but regulators in Texas, Kentucky, New Jersey, and even the Securities and Exchange Commission are not taking their word.
Digital currency platform BlockFi’s dismissal of the brushback pitch thrown by New Jersey regulators could have major ramifications for company execs and those who helped promote unregistered securities.
The Alabama Security Commission has sent cease and desist letters to five crypto companies suspected of violating securities laws, as part of a wider crackdown known as ‘Operation Crypto-Sweep.’
