Uphold

Company

Last mentioned: May 4, 2026

Timeline

  1. Settlement Finalized

    Uphold agrees to pay $5 million as part of the regulatory enforcement.

  2. Investigation Announcement

    New York AG announces the settlement with Uphold for misleading promotions.

  3. Cred Collapse

    Cred fails due to risky loans, leading to significant losses for investors using Uphold's platform.

  4. CredEarn Launch

    Uphold begins offering CredEarn on its platform, promoting it as a reliable crypto savings product.

Stories mentioning Uphold 1

regulation Neutral

Uphold Hit with $5M Fine for Misleading Crypto Scheme

The $5 million settlement against Uphold for promoting the fraudulent CredEarn scheme underscores escalating regulatory risks in crypto. For Web3 enthusiasts, this highlights the need for platforms to prioritize transparency in investment products to protect users from high-risk ventures. It could reshape how crypto exchanges handle DeFi integrations moving forward.

2 sources