🚨CFTC considering legal action against Celsius Network and its CEO after 1 year of bankruptcy! Do they violate commodity trading rules? 💬Let's discuss in the comments column!#cryptonews#CFTC #CelsiusNetwork
- Celsius Network LLC went bankrupt a year ago
- CFTC (Commodity Futures Trading Commission) considers legal action
- There are 2 problems: not registering with the CFTC and misleading clients
- Other legal issues: SEC investigation and Manhattan federal prosecutors
- CFTC and SEC sue many crypto businesses: over 85 CFTC cases, over 140 SEC cases
- Main issues: registration and honesty to customers/investors
- Celsius Network LLC went bankrupt a year ago
- CFTC (Commodity Futures Trading Commission) considers legal action
- There are 2 problems: not registering with the CFTC and misleading clients
- Other legal issues: SEC investigation and Manhattan federal prosecutors
- CFTC and SEC sue many crypto businesses: over 85 CFTC cases, over 140 SEC cases
- Main issues: registration and honesty to customers/investors