Category: crypto lending platforms

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Ripple counsel: SEC’s shakedowns leave consumers holding the bag

August 30, 2022

The response comes as Ripple Labs and other critics believe the SEC has overstepped its mark on the enforcement of the crypto space. Ripple Labs General Counsel Stu Alderoty has hit back at a recent opinion piece by Security and Exchange Commission chairman Gary Gensler, arguing that the regulator’s crypto market shakedowns aren’t protecting consumers. …
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NY Attorney General Targets 5 Crypto Companies: 2 Lending Platforms Ordered to Shut Down

October 19, 2021

New York Attorney General Letitia James has ordered two cryptocurrency lending platforms to shut down and requested three other platforms to answer questions regarding their activities immediately. The letters to the companies published on the attorney general’s website indicate that the two platforms are Nexo and Celsius Network. New York Cracks Down on Unregistered Crypto…
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