The Securities and Exchange Commission on Monday settled charges with BlockFi Lending over its failure to register its cryptocurrency interest account, bringing the largest ever penalty against a ...

The crypto company BlockFi agreed to pay $100 million to settle Securities and Exchange Commission and state charges that it failed to register with regulators that it offered and sold a lending ...

The US Securities and Exchange Commission (SEC) has found that crypto lender BlockFi operated for 18 months as an unregistered investment company. The company offered BlockFi Interest Accounts (BIAs) ...

It plans on creating an SEC-approved alternative for US customers It plans on creating an SEC-approved alternative for US customers BlockFi pitched its interest accounts as a way to earn “up to 9.25 ...

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, reminds investors in BlockFi Interest Accounts (“BIAs”) between March 4, 2019 and November 28, 2022, inclusive (the ...

Generating a yield on crypto is increasingly tricky. The Terra ecosystem implosion — where up to $50 billion was wiped out — led to a decline in decentralized finance (DeFi) protocols offering ...

Crypto lending platform BlockFi will pay the U.S. Securities and Exchange Commission (SEC) $100 million in a settlement over claims that the company violated securities law through its interest ...

U.S.-based cryptocurrency lending firm BlockFi says it intends to file or confidentially submit a registration statement on Form S-1 with the SEC for the offering of BlockFi Yield, which is ...

BlockFi, a company that paid cryptocurrency investors high interest rates for lending out their digital assets, agreed to pay $100 million in fines to the Securities and Exchange Commission and 32 ...

NEW YORK--(BUSINESS WIRE)--Bursor & Fisher, P.A., a consumer rights litigation firm, announces that a lawsuit is pending in the Superior Court of New Jersey, Law Division, Hudson County and in the ...

The threat of S.E.C. scrutiny already had scuttled plans by Coinbase, the largest U.S.-based cryptocurrency exchange, to launch a loan product. By Emily Flitter The Securities and Exchange Commission ...

A cryptocurrency firm will pay $100 million to settle claims it failed to register its crypto lending account product with federal and state regulators, the Securities and Exchange Commission (SEC) ...