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Empty courtroom with judge's bench and gavel, representing legal action against crypto platform Uphold.

New York forces Uphold to pay $5M over fraudulent crypto investment scheme

May 6, 2026 Jackson Miller

New York Attorney General Letitia James has secured a $5 million settlement from cryptocurrency platform Uphold over its role in promoting a fraudulent investment product called CredEarn. The settlement, announced May 4, 2026, requires Uphold to compensate affected customers who lost money when the underlying company, Cred LLC, collapsed. How the scheme worked Between January […]

Uphold settlement over fraudulent crypto investment scheme with New York Attorney General

New York Forces Uphold to Pay $5M Over Fraudulent Crypto Investment Scheme — Shocking Settlement Revealed

May 3, 2026 Jackson Miller

New York forces Uphold to pay $5M over fraudulent crypto investment scheme. The settlement stems from the platform’s promotion of CredEarn, a product that misled users about its safety and returns. Uphold Settlement: $5 Million for Misleading Crypto Investors New York Attorney General Letitia James secured a $5 million settlement from Uphold on May 3, […]