Bitcoinist
2022-02-14 22:00:24

Update: Crypto Mom On BlockFi Case, $100M Fine Seems “Disproportionate”

As Bitcoinist reported earlier today, crypto lending platform BlockFi will pay $100 million in fines per an agreement reached with the U.S. Securities and Exchange Commission (SEC). According to the regulator, BlockFi was offering financial products which have been classified as unregistered securities. Related Reading | Why SEC’s Gensler Views on Crypto Are More Than ‘Disappointing’ […]

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