The settlement between the crypto lending firm and the FTC was first announced in October and does not resolve former CEO Stephen Ehrlich’s pending case with the CFTC.
Celsius Sold Lies to Sell CEL Tokens
Breaking: Celsius Network fined $4.7B by FTC
The regulator said Celsius “squandered billions in user deposits” after “duping” customers into depositing funds.
Crypto Lobbying Needs a Reset: More FTC, less SEC
Of all the Securities and Exchange Commission’s actions against crypto entities that have stirred the industry’s ire, the agency’s recent move forcing New York-based Paxos to cease issuing its partner Binance’s BUSD stablecoin is the most deserving of an outcry. How, critics rightfully asked, can a token that’s explicitly designed not to fluctuate in price be considered a security?
FTC announces investigation into Voyager’s ‘deceptive and unfair marketing’ of crypto
In an objection to Voyager’s proposed restructuring plan, the commission argued some of the involved parties should not be exempt from certain financial claims in the future.
Voyager Being Probed For Deceptive Crypto Marketing, FTC Says
The US Federal Trade Commission doesn’t want bankruptcy proceedings for the crypto lender to halt its investigation
FTC issues public warning about new crypto ATM scam
The FTC has alerted everyone to stay vigilant of a new payment scam involving impersonators and crypto ATMs.
Elon Musk impersonators make bank as crypto scammers’ profits surge
Scammers are impersonating Elon Musk and other prominent crypto figures to dupe naive investors out of their coins at an accelerated rate.
FTC Sending More Than $470K to People Duped by Bitcoin Funding Team, My7Network Scams
Most of the the participants in the schemes failed to recoup their initial investments, the FTC said.
FTC Settles With Promoters of Multi-Level Marketing Crypto Scheme
Four promoters of crypto-denominated chain-referral scams are ordered to pay fines totaling less than $500,000.
FTC Issues Warning on Bitcoin Blackmail Scams
The U.S. Federal Trade Commission (FTC) is warning consumers warns about a new type of bitcoin scam aimed at blackmailing men.
$3 Billion: FTC Warns Consumers Could Pay High Price for Crypto Scams
Regulators, lawyers and cryptocurrency experts discussed ways of protecting investors at the FTC’s “Decrypting Cryptocurrency Scams” workshop Monday.
FTC to Host Consumer Protection Workshop on Cryptocurrency Scams
The Federal Trade Commission (FTC) is planning to host a workshop on cryptocurrency scams and fraud in June.
Judge Backs FTC Asset Freeze in Crypto Fraud Case
U.S. Magistrate Lurana Snow has recommended that a preliminary injunction be enforced against four alleged scammers.
US Trade Regulator Launches Blockchain Working Group
The Federal Trade Commission has formed a working group to examine the ways in which blockchain and cryptocurrencies will affect its missions.
US Trade Regulator Shuts Down Crypto Investment Scheme Promoters
A U.S. district court has issued a restraining order against four individuals accused of operating a string of cryptocurrency investment schemes.