WebSecurities (Corporations Code Sections 25110 and 25401) Salt Lending LLC South Denver, Colorado : Agreement December 8, 2024 ; Unlawful California Financing Law Activity (Financial Code Sections 22710 and 22714) Fanfaire, Inc. Pacific Palisades, California ; Settlement Agreement December 12, 2024 : Unlawful California Consumer Financial ... Web28 Nov 2024 · BlockFi also owes $30mn to the US Securities and Exchange Commission as part of a $100mn settlement agreed with the regulator in February in which the lender was charged for offering interest ...
BlockFi to pay $100 million fine over SEC charge it broke securities …
Web1 day ago · The Complaint further alleges BlockFi and the Individual Defendants engaged in the unlawful offer and sale of securities in violation of Sections 5, 11, 12(a)(2), and 15 of the Securities Act of ... Web14 Feb 2024 · BlockFi will pay the SEC $50 million, and will pay another $50 million in connection with state settlements for the same conduct. While penalties this size are … my 3 single sign on
US Crypto Lending Crackdown May Accelerate Regulation, …
Web14 Feb 2024 · BlockFi’s agreement to enter into a settlement with the Texas State Securities Board comes amidst rising concerns over the proliferation of “decentralized” and digital asset-based financial products and services targeting retail investors. Many of these products and services are analogous to traditional financial services offered by banks and … Web28 Mar 2024 · BlockFi’s Refund Agreement. As part of the settlement with the DFPI, BlockFi has agreed to refund over $100,000 to its California-based clients. The refund will cover the fees paid by clients for the interest accounts that were deemed as securities. BlockFi has also agreed to modify its practices to comply with California law. Web12 Feb 2024 · BlockFi Inc. is poised to pay $100 million to settle allegations from the Securities and Exchange Commission and state regulators that it illegally offered a … my 3 register account