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Tag: New York

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Uphold Rejects New York Claims After $5M Customer Repayment Deal
Uphold rejected New York’s CredEarn settlement claims, saying the regulator misrepresented its role in Cred LLC’s collapse. The company agreed to more than $5 million in customer repayment while denying knowledge of alleged fraud or any intent to mislead customers.… Read full article
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Crypto Platform Uphold Faces $5M Blow From New York Regulators
Uphold will hand over more than $5 million to customers it helped deceive — a payout that amounts to over five times what the company actually earned from the deal.

A Settlement With Real Teeth
New York Attorney General Letitia… Read full article
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New York forces Uphold to pay $5M over fraudulent crypto investment scheme
New York AG Letitia James secured a $5 million settlement from Uphold for promoting CredEarn, a crypto savings product that misled users about its risks. Read full article
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