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Crypto Lending Platform Charged — Blockfi Agrees to Pay $100 Million in Penalties – Regulation Bitcoin News

The U.S. Securities and Exchange Commission (SEC) has charged cryptocurrency lending platform Blockfi in a first-of-its-kind action. The crypto lender has agreed to pay $100 million to settle the charges and pursue necessary registrations. SEC Charges Crypto Lending Platform Blockfi The U.S. Securities and Exchange Commission (SEC) announced Monday that crypto lending

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The SEC has issued $2.4B in crypto-related penalties since 2013

The Securities and Exchange Commission (SEC) has issued a total of approximately $2.35 billion in penalties against participants in the digital asset marketplace since 2013 according to a Jan 19 report by Cornerstone Research.The report, SEC Cryptocurrency Enforcement: 2021 Update, found that the SEC brought a total of 97 enforcement

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