Uphold will pay more than $5 million to compensate customers affected by CredEarn, a third-party crypto investment product. The New York settlement requires stronger product reviews, broker registration, and transfer of any Cred bankruptcy recoveries to harmed investors. Key Takeaways: Uphold will pay more than $5 million to customers tied to CredEarn losses. Regulators said […]NY AG Secures $5M From Uphold to Compensate Crypto Investors
Uphold will pay more than $5 million to compensate customers affected by CredEarn, a third-party crypto investment product. The New York settlement requires stronger product reviews, broker registration, and transfer of any Cred bankruptcy recoveries to harmed investors. Key Takeaways: Uphold will pay more than $5 million to customers tied to CredEarn losses. Regulators said […]