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

source-logo  coingape.com 12 February 2022 15:06, UTC

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.

coingape.com