🔥Celsius Network LLC faces legal trouble from the CFTC after 1 year of applying for bankruptcy protection. CFTC said they violated commodity trading regulations. 📉
👉CFTC is considering suing Celsius for two reasons: failure to register transactions and misleading customers. Final decisions will be made by the court. 🏛️
⚠️Celsius also faces investigations from the SEC and federal prosecutors in Manhattan. They were very successful during the Covid-19 pandemic with higher interest rates than traditional banks. 💰
📊The CFTC and SEC have sued more than 85 crypto companies for fraud and market manipulation, resulting in more than $4 billion in settlements and fines. 🚨
💬Let's discuss this in the comments section below!
👉CFTC is considering suing Celsius for two reasons: failure to register transactions and misleading customers. Final decisions will be made by the court. 🏛️
⚠️Celsius also faces investigations from the SEC and federal prosecutors in Manhattan. They were very successful during the Covid-19 pandemic with higher interest rates than traditional banks. 💰
📊The CFTC and SEC have sued more than 85 crypto companies for fraud and market manipulation, resulting in more than $4 billion in settlements and fines. 🚨
💬Let's discuss this in the comments section below!