Celsius is under investigation in 40 US states

Celsius is under investigation in 40 US states


The controversial cryptocurrency firm Celsius Network in which the Caisse de depot invested $200 million is under investigation in some 40 US states. 

The information was revealed by Bloomberg, after reviewing course materials.

“The number and extent of debtor investigations by government entities is significant: Celsius is apparently the subject of enforcement proceedings or investigations in at least 40 states, in addition to investigations involving the federal government,” reads newly filed documents pending after the firm’s bankruptcy.

In Quebec, the Autorité des marchés financiers (AMF) has always refused to say whether the firm is under investigation or not.

For its part, the Caisse has repeated “have nothing new to add on this file”, saying to continue to evaluate its “legal options”.

Celsius did not respond to our request nd of interview.