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Feb 14

Crypto Lending: BlockFi to pay $100 million fine to SEC

BlockFi has agreed to pay a $100 million fine and also stop creating new accounts for US residents.In what is set to be one of the toughest penalties against a cryptocurrency firm, details have now emerged that the foremost crypto lending platform, BlockFi, is set to pay a fine of $100 million to the Securities and Exchange Commission (SEC) of the United States government. The company decided to pay the fine in a bid to settle an ongoing investigation into its activities by the commission.Blo...

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