Recently, California DFPI launched a new crypto fraud tracker for Californians. The tracker will work for enhancing the fund security of consumers. The growing crypto frauds in the country made the Ca...
Tag: DFPI
California’s DFPI suspends this crypto lender’s license amid FTX fiasco
FTX has left several associated platforms and projects facing the heat of the community since its bankruptcy. While the consequences were restricted to ethical and monetary terms, a new decision by th...
DFPI of California Issued “Desist and Refrain” Order Against Celsius
Financial regulator of California issued an order against crypto lender Celsius Network. It issued the order of “Desist and Refrain” to Celsius Network for violation of state law. Ripple Labs also sho...
Celsius CEO under fire as Committee of Creditors, DFPI implicate him
The Committee representing customers affected by Celsius’ bankruptcy has issued a mission statement as it seeks further investigation into CEO Alex Mashinsky for allegedly misleading the public. Unsec...
Multiple crypto lending companies under the scanner by DFPI investigating –
The California Department of Financial Protection and Innovation (DFPI) is one more state controller in the United States that started an examination against crypto Organizations offering revenue bea...