Crypto company that raised $5B ordered to stop selling some offerings. It’s not the ‘Wild West,’ N.J. says

  • 📰 njdotcom
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Crypto company that raised $5B ordered to stop selling some offerings. It’s not the ‘Wild West,’, N.J. says

Karin Price Mueller | NJ Advance Media for NJ.com

Voyager Digital Ltd., which also goes by Voyager Digital, LLC and Voyager Digital Holdings, Inc., has been funding its income-generating activities — including lending operations and proprietary trading — at least in part through the sales, which violate state securities law, according to a­­”Today’s action says loud and clear that the cryptocurrency securities market is not the Wild West, and investor-protection laws absolutely apply,” said Acting Attorney General Matthew Platkin.

The state also filed a cease and desist order against Celsius Network LLC In September 2021, in whichthe company unlawfully raised at least $14 billion nationwide with the sale of unregistered securities.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 282. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines