California’s DFPI imposes a desist and refrain order on Celsius Network

California’s DFPI imposes a desist and refrain order on Celsius Network


The Coin Rise
2022-08-11 16:06:25

The Department of Financial Protection and Innovation (DFPI) of California has now imposed a desist and refrain order on troubled crypto lending platform Celsius Network. As a result, the company will be prohibited from selling and promoting securities in the state of California. The “Earn Rewards” accounts that Celsius offers and sells are allegedly securities, […]The post California’s DFPI imposes a desist and refrain order on Celsius Network appeared first on Blockchain, Crypto and Stock News.