Uphold: New York Attorney General settlement (Apr 2026)
The New York Attorney General settled with Uphold on April 29, 2026, according to the agency’s own announcement.
- Date
- Agency
- NY AG
- Action
- Settlement
- Amounts (as stated)
- $5 million to harmed investors, plus up to $545,189 in Cred bankruptcy recoveries
The NY AG found crypto platform Uphold misleadingly promoted Cred’s CredEarn product as a safe savings product with ‘comprehensive insurance’ and did so without registering as a broker or commodity broker-dealer; investors lost millions when Cred collapsed.
Money involved. $5 million to harmed investors, plus up to $545,189 in Cred bankruptcy recoveries.
Questions
What did the New York Attorney General say Uphold did?
The NY AG found crypto platform Uphold misleadingly promoted Cred’s CredEarn product as a safe savings product with ‘comprehensive insurance’ and did so without registering as a broker or commodity broker-dealer.
How much is Uphold paying?
$5 million to harmed investors, plus up to $545,189 in Cred bankruptcy recoveries.
See every action in the fintech and crypto enforcement tracker.
- Company (as named)
- Uphold HQ, Inc.
- Category
- Crypto
- Agency announcement
- ag.ny.gov
- Order or complaint
- ko.ag.ny.gov
- Sources
Source Link New York Attorney General announcement https://ag.ny.gov/press-release/2026/attorney-general-james-secures-over-5-million-crypto-platform-promoting
Source: the agency’s own press release, litigation release, order or complaint, linked on each record. Charges are allegations; a company is not liable unless a court or agency finds it so.