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Voyager, Celsius Implosions Spur Expanded Texas, Alabama Investigations

The two states are examining if Voyager properly disclosed material information on its loans and the creditworthiness of the borrowers. Texas and Alabama are among a coalition of US states investigating Voyager and Celsius, including a recent freeze on customer withdrawals at both firms, according to Joe Rotunda, director of enforcement at the Texas State Securities Board, and Amanda Senn, chief deputy director at the Alabama Securities Commission. 

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