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The Daily Hodl 2022-02-13 17:55:47

Crypto Lending Firm Set To Pay $100,000,000 To Settle Allegations From SEC and State

A popular crypto lending platform is reportedly going to pay out $100 million to resolve accusations from state and federal regulatory agencies. Sources familiar with the matter tell Bloomberg that BlockFi is gearing up to settle allegations involving the firm’s financial product that pays out high-interest rates to consumers for lending out their crypto assets. […]The post Crypto Lending Firm Set To Pay $100,000,000 To Settle Allegations From SEC and State appeared first on The Daily Hodl.

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