# Cred LLC

Type: Company

Source: Crypto Intelligence Brief — https://getcryptobrief.com/entity/cred-llc
Canonical HTML page: https://getcryptobrief.com/entity/cred-llc

## Timeline

- **2026-05**: Settlement Finalized — Uphold agrees to pay $5 million as part of the regulatory enforcement.
- **2026-04-29**: Investigation Announcement — New York AG announces the settlement with Uphold for misleading promotions.
- **2020-10**: Cred Collapse — Cred fails due to risky loans, leading to significant losses for investors using Uphold's platform.
- **2019-01**: CredEarn Launch — Uphold begins offering CredEarn on its platform, promoting it as a reliable crypto savings product.

## Recent coverage (1 stories)

### Uphold Hit with $5M Fine for Misleading Crypto Scheme
2026-05-04 02:28:35 · Sentiment: Neutral · Impact: 8/10 · Sources: 2

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.
Full story: https://getcryptobrief.com/story/uphold-5m-fine-crypto-regulation

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