BlockFi is paying $100m to settle allegations it illegally offered a high-yielding crypto lending product
and state regulators that it illegally offered a product that pays customers high interest rates to lend out their digital tokens, according to people familiar with the matter.
The penalties, which could be announced as soon as next week, are among the toughest levied on a cryptocurrency firm amid a U.S. clampdown on the industry. The SEC and state investigators have been probing whether the accounts offered by BlockFi are akin to securities that should be registered with regulators.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
BlockFi faces $100 million in penalties over crypto interest accounts: reportBloomberg reported late Friday that the crypto lending platform BlockFi will pay $100 million to settle investigations into its interest-generating accounts.
Les mer »
The Galaxy S22 Ultra is $100 off at Amazon right nowYou can pre-order the new flagship at Amazon with a great discount today.
Les mer »
Amid Galaxy S22 hype, the Z Flip 3 got a $100 discount | Digital TrendsIf you don't need the newest Galaxy S22 but you're still looking for a great Android phone, we found the perfect deal for you on Amazon.
Les mer »
Adams brings back $100 vax incentives—but not for longMayor Adams announced the return of a popular incentive program to encourage New Yorkers to get their full course of COVID-19 vaccinations, starting Saturday and running through the end of February.
Les mer »
Redditor stashes away BTC worth $100 for 100 years in public libraryIn a time-lapse experiment lasting till the 22nd century, a European Redditor has squirreled away 0.003 BTC for generations to come.
Les mer »
Spotify Signed Joe Rogan for $100 Million But Won’t Hold Him AccountableWhen Spotify cut Rogan a $100 million check to come on their platform exclusively, they knew what they were getting. And Rogan has delivered on that.
Les mer »