US Federal Trade Commission slaps Celsius Network with $4.7B fine
The FTC said Celsius “squandered billions in user deposits” after “duping” customers into depositing funds. Celsius and its former CEO have also been sued by the US SEC today. Last…
Securities Commission Malaysia (SC) orders Huobi Global to stop operations
The securities commission said Huobi was operating in the country without registration. The exchange was ordered to disable its website and mobile apps. Huobi was also ordered to cease circulating,…
The Australian Securities and Investments Commission suspends FTX Australia’s licence
Crypto exchange FTX has lost its Australian licence a few days after it collapsed and filed for bankruptcy. The Australian Securities and Investments Commission (ASIC), announced on Wednesday, November 16th,…