Several US states, including Texas and Alabama, are investigating the decision to halt transfers and withdrawals of cryptocurrency lending and staking platform Celsius Network.
Celsius Network, In the morning of 13th of June citing market conditions transfer, swap and withdraw money transactions temporarily stopped had explained.
Texas State Securities Board (PTSB) executive director Joe Rotundathat his team learned of the suspension decision from social media and to begin the investigation. Monday He said he met earlier in the day.
rotunda He used the following statements in a statement to Reuters:
I am very worried that customers will not be able to withdraw from their accounts when they need immediate access to their assets. Customers’ inability to access their investments can have significant financial consequences.
Director of the Alabama Securities Commission Joe Borg In a statement, Celsius’s investigation into the temporary suspension of operations is pending an ongoing investigation. “a new dimension” He said he saw it as
We’ve been working with Celsius for some time now. We asked for much more information on the subject and they provide it.
Borg also cryptocurrency lending platform BlockFi‘of February per month US Securities and Exchange Commission (SEC) and 32 states signed with 100 million dollarsness to the settlement agreement by sending, “We will continue to investigate about the company and whether we will apply the BlockFi model to the company.” added his words.
Celsiusdecides to be barred from an activity against New Jersey including other states also to their investigations continues rapidly.