Bankrupt cryptocurrency lender Celsius Network faces US federal “investigations,” according to a filing from lawyers for its committee of unsecured creditors.
“The number and extent of investigations of the debtors by governmental entities is significant: Celsius is apparently subject to enforcement proceedings or investigations in at least 40 states, in addition to investigations or inquiries involving the federal government,” counsel said in the Tuesday filing.
The document cited a Sept. 7 statementfrom the Texas State Securities Board that said multiple states are looking into Celsius.
The latest filing signals ever greater scrutiny of Celsius, which rocketed in popularity ...
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