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CoinGape
2022-02-12 12:36:38

BlockFi To Pay $100M To SEC, As Settlement For Ongoing Investment

BlockFi To Pay $100M To SEC, As Settlement For Ongoing Investment

BlockFi may have to cough up $100 million to pay fines. Sources close to the matter say the SEC is set to impose a $50 million fine on the crypto lending platform for offering unregistered securities. Another $50 million will be paid to five states in which BlockFi is being investigated according to the sources. The post BlockFi To Pay $100M To SEC, As Settlement For Ongoing Investment appeared first on CoinGape.

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