Crypto Lender Celsius Misled Investors, Resembled Ponzi Scheme: Vermont Regulator

Name: Crypto Lender Celsius Misled Investors, Resembled Ponzi Scheme: Vermont Regulator
Uploaded: 2022-09-07T18:43:33Z
Duration: 6 min 404 s
Description: Crypto lender Celsius Network misled investors about its financial health using its CEL token to bolster its balance sheet and at times using new investor funds to repay old investors, the Vermont Department of Financial Regulation alleged in a new filing Wednesday. “The Hash” panel discusses the latest in Celsius’ multi-state investigation.

Sep 7, 2022

Crypto lender Celsius Network misled investors about its financial health using its CEL token to bolster its balance sheet and at times using new investor funds to repay old investors, the Vermont Department of Financial Regulation alleged in a new filing Wednesday.

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