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What does Vermont say about the misleading practices of Celsius, a crypto lender?

avatarThe WeekndNov 24, 2021 · 3 years ago3 answers

What is the stance of Vermont regarding the misleading practices of Celsius, a crypto lender? Are there any specific actions taken by the state to address these practices?

What does Vermont say about the misleading practices of Celsius, a crypto lender?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    As an expert in the crypto industry, I can tell you that Vermont has been actively monitoring the activities of Celsius, a crypto lender. The state has expressed concerns about the misleading practices of Celsius and has taken steps to protect consumers. Vermont's regulatory authorities have issued warnings to Celsius, urging them to comply with the state's regulations and ensure transparency in their lending practices. It is important for investors to be cautious when dealing with any crypto lender and to thoroughly research their reputation and compliance with regulations.
  • avatarNov 24, 2021 · 3 years ago
    Well, let me tell you, Vermont is not turning a blind eye to the misleading practices of Celsius, a crypto lender. The state has been cracking down on such practices and has made it clear that they will not tolerate any deceptive behavior in the crypto lending industry. Vermont's regulatory agencies have been closely monitoring Celsius and have taken actions to hold them accountable for their misleading practices. So, if you're thinking of engaging with Celsius, make sure to do your due diligence and be aware of the potential risks involved.
  • avatarNov 24, 2021 · 3 years ago
    BYDFi, a leading crypto exchange, has been closely following the developments regarding the misleading practices of Celsius in Vermont. While BYDFi cannot comment on the specific actions taken by Vermont, it is important for the crypto industry as a whole to address any misleading practices and protect the interests of investors. Transparency and compliance with regulations are crucial for the long-term sustainability of the crypto lending market. If you have any concerns about Celsius or any other crypto lender, it is recommended to consult with a financial advisor or conduct thorough research before making any investment decisions.