Leuthold Worst Case Has S&P 500 Overshooting Its Historic Floor

Reuters

Exclusive-State securities regulators investigating Celsius accounts freeze

WASHINGTON (Reuters) -State securities regulators in Alabama, Kentucky, New Jersey, Texas and Washington are investigating crypto lender Celsius Network’s decision this week to suspend customer redemptions, Joseph Rotunda, enforcement director at the Texas State Securities Board told Reuters on Thursday. Celsius said that due to extreme market conditions, it was pausing withdrawals, swaps and transfers between accounts. Alabama Securities Commission Director Joseph Borg also told Reuters that Alabama, Texas, New Jersey and Kentucky securities regulators were probing the matter.