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Vermont’s financial regulator alleges Celsius and its CEO made ‘false and misleading claims’

According to the regulator, Celsius “lacked sufficient assets to repay its obligations” despite suggesting it had enough funds in its reserves to mitigate the risk of insolvency.

Continue ReadingVermont’s financial regulator alleges Celsius and its CEO made ‘false and misleading claims’

UK advertising watchdog cites 2 former reality stars for crypto ads on Instagram stories

The ASA said the Gale twins could not post the crypto ads “in the form complained about” again, but did not bar them from promoting digital assets in future advertisements.

Continue ReadingUK advertising watchdog cites 2 former reality stars for crypto ads on Instagram stories

Analyst Warns US Debt Crisis Is Possible — Rising Treasury Yields, Inflation, Stock Market Rout Could Cause ‘Multiple Black Swans’

Wall Street’s major indexes closed the day in red on Tuesday, alongside cryptocurrencies, and precious metals like gold and silver taking some percentage losses. The leading crypto asset bitcoin dropped…

Continue ReadingAnalyst Warns US Debt Crisis Is Possible — Rising Treasury Yields, Inflation, Stock Market Rout Could Cause ‘Multiple Black Swans’