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Why Bankers Should Read NY's Uphold Settlement Closely

Summary by American Banker
New York extracted $5 million and a broker registration from Uphold over its promotion of CredEarn, a yield product whose issuer collapsed in 2020.
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2 Articles

American BankerAmerican Banker

Why bankers should read NY's Uphold settlement closely

New York extracted $5 million and a broker registration from Uphold over its promotion of CredEarn, a yield product whose issuer collapsed in 2020.

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FX News GroupFX News Group

NY AG secures over $5M from Uphold HQ for promoting fraudulent investment scheme

New York Attorney General Letitia James today secured more than $5 million from the cryptocurrency platform Uphold HQ, Inc.

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FX News Group broke the news on Wednesday, April 29, 2026.
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