CryptoBearishcrypto.news · May 37/10
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New York secures $5M from Uphold over CredEarn promotion
New York's financial regulator secured a $5 million settlement from Uphold over its CredEarn product, which allegedly misled users about crypto savings risks and made false insurance claims in 2020. The settlement underscores ongoing regulatory scrutiny of cryptocurrency yield products and their marketing practices.
