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Last updated: June 19, 2025, 04:16  |  Written by: Dan Larimer

Hackernoon
Hackernoon

Vermont

Celsius Network, the troubled crypto lender, “is deeply insolvent,” alleged the U.S. state of Vermont’s Department of Financial Regulation (DFR), noting the lender lacks the

The DFR alleged that Celsius is “deeply insolvent” and doesn’t possess “assets and liquidity” to fulfill its obligations towards the customers. The state regulator accused the crypto lender of

Vermont's Department of Financial Regulation (DFR) has issued a consumer alert against Celsius. DFR states that Celsius is likely insolvent as it faces allegation of

In Its Consumer Alert

In its consumer alert, the Vermont Department of Financial Regulation (DFR) claimed that Celsius’ withdrawal freeze last month impacted hundreds of thousands of customers, some from the

El regulador financiero de Vermont alega que Celsius y

Celsius Network has been operating in multiple jurisdictions, including in Vermont. The Department believes Celsius has been engaged in an unregistered securities

El Departamento De Regulación Financiera

El Departamento de Regulación Financiera de Vermont, o DFR, alegó que la plataforma de préstamos de criptomonedas Celsius Network y el CEO, Alex Mashinsky

The state financial regulator alleged that Celsius violated state security laws by offering high crypto interest rate accounts to customers and unethically using clients’ funds

DFR Encourages Celsius Network Investors to Proceed with Caution

Celsius 'Deeply Insolvent' Says Vermont Financial Regulator

Celsius is ‘Deeply Insolvent,’ Alleges Vermont - CoinDesk

Vermont becomes the sixth US state to launch investigation

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Vermont’s financial regulator alleges Celsius and its

Celsius faces accusations of being ‘Deeply Insolvent’ by Authorities

U.S. state of Vermont’s Department of Financial Regulation (DFR) claims that Celsius lacks the assets and liquidity to fulfill its obligations to account holders and other

Vermont regulator claims Celsius is ‘deeply insolvent,’ new report

Celsius Slapped With Fresh Accusations By Vermont

Dan Larimer can be reached at [email protected].

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