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Crypto lender BlockFi to pay $100M to settle with SEC, states | Banking Dive
https://www.bankingdive.com/news/crypto-lender-blockfi-to-pay-100m-to-settle-with-sec-states/618777/
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The company agreed to stop selling its interest-bearing account in the U.S. and launch a new one tailored to the Securities Act of 1933. Half of the settlement money will go to the SEC. The other $50 million will be split among 32 states.
