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No, I meant the FTC which already settled with Celcius today:

https://www.ftc.gov/news-events/news/press-releases/2023/07/...



OK cool. My understanding is the FTC has a consumer protection mandate vs the SEC is about investor protection. So the FTC covers fair trade, deceptive and unfair business practises and that sort of thing vs the SEC will cover securities fraud, illegal marketing of securities to unqualified investors and whatnot.

Feels like they both are relevant here.


I am somewhat confused about the situation, but your own link says

> The companies also agreed to a judgment of $4.7 billion, which will be suspended to permit Celsius to return its remaining assets to consumers in bankruptcy proceedings.

This seems like the FTC claims the judgment is suspend so the normal clientele can have its money back, not any institutional investors who knowingly put their money at risk by investing into the company itself.




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