Celsius filed for bankruptcy in July, and the case is now moving through the U.S. Bankruptcy Court for the Southern District of New York. The latest filing from the Texas State Securities Board and the Texas Department of Banking also points out that Celsius’ past activities are currently being investigated by more than 40 states’ regulators and the company is under orders to cease all investing activity.
Source: https://www.coindesk.com/policy/2022/09/29/texas-objects-to-celsius-plan-to-fund-operations-with-stablecoin-sales/?utm_medium=referral&utm_source=rss&utm_campaign=headlines