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Department of Financial Regulation

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Coverage Timeline

2022-09-07
CoinDesk

Filing: Vermont says Celsius CEO Alex Mashinsky repeatedly misled investors about the lender's finances and used its own CEL token to bolster its balance sheet

The crypto lender admitted in a recent creditor call that it could not earn enough revenue to support its yields, the Vermont Department of Financial Regulation said. Tweets: @davidzmorris , @ldrogen ...

2022-07-13
Reuters 8 related

Vermont's Department of Financial Regulation joins a multistate investigation into Celsius and says it believes the cryptocurrency lender is “deeply insolvent”

July 12 (Reuters) - Vermont's Department Of Financial Regulation on Tuesday said troubled crypto lender Celsius is …

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