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New York Forces Uphold to Pay $5M Over Misleading Crypto Investment Scheme

Published on May 03, 2026

Categories: Regulation Legal Scam/fraud

The New York Attorney General, Letitia James, has secured a $5 million settlement from Uphold. This settlement addresses Uphold's promotion of CredEarn, a crypto savings product, which was found to have misled users regarding its associated risks and the potential for fraud.

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.

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