SEC hits BlockFi with a $100 million penalty, gives 60 days to comply with a 1940 law
February 14, 2022
Crypto Nanobot
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The penalty comes after months of heightened regulatory attention to crypto lending platforms. 1660 Total views 51 Total shares On Feb. 14, the Securities and Exchange Commission, or SEC, announced actions against crypto lending company BlockFi over its failure to register high-yield interest accounts that the agency deems to be securities. New Jersey-based BlockFi will […]
