BlockFi to pay record penalty to settle SEC probe of crypto lending business
1 min read
14 Feb 2022, 10:04 PM IST
Company will pay $100 million to federal regulator and states over unregistered sale of BlockFi interest accounts
PremiumA cryptocurrency company that allowed nearly 600,000 users to earn interest by lending their holdings to other traders will pay $100 million to settle claims that its product violated investor-protection laws.
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