US state regulators are increasing scrutiny into Celsius and Voyager: Bloomberg

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US state regulators are increasing scrutiny into Celsius and Voyager: Bloomberg
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US state regulators are increasing scrutiny into Celsius and Voyager: Bloomberg (via Yogita_Khatri5)

The authorities are looking at what went wrong and why.

Joe Rotunda, director of enforcement at the Texas State Securities Board, told Bloomberg that the regulator is finding a lot of firms may not have adequately disclosed what they were doing with investors' funds, including the amount of risk they were taking and the type of transactions they were conducting.

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