The three entities blacklisted by the regulator include Meta Capitals Limited, Cresttrademining Limited, and Forex Market Trade which the regulator says are engaged in pig-butchering scams.
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.
The Flamingo Casino Club has claimed to be linked to a Vegas casino falsely, lied about donating to Ukraine victims, and hid its previous ties to Russia, authorities said.
The regulators filed a mix of show cause and cease and desist orders against Voyager, which replied by saying that its products haven’t violated securities laws.
New Jersey regulators have extended the ban on BlockFi’s new interest accounts for the third time, this time to December 1, even as lending purge continues.
After they took action against BlockFi, three U.S. states have now filed orders seeking to kick Celsius out as the war on digital currency lending continues.
Co-founder and CEO Zac Prince confirmed that the NJ watchdog has given the firm one more month before it has to shut down its interest-bearing accounts.
BlockFi, the popular cryptocurrency lending and borrowing platform, has been issued a cease and desist order by NJ's Attorney General.
William Green pleaded guilty to operating Destination Bitcoin, which authorities said is an unlicensed digital currency exchange, from August 2017 to February 2019 via a website and various referrals.
A New Jersey watchdog has recommended the quick implementation of regulation to govern digital currency ATMs in the state.
The Digital Asset and Blockchain Technology Act seeks to bring digital currencies under the oversight of the state’s Department of Banking and Insurance.
A New Jersey court has hit pause on a case brought by the SEC against two defendants who organized a $30 million ICO scam under CG Blockchain and BCT Inc.
