Find Your Daily Voice
Garfield-Lodi
Your Local News for Garfield and Lodi, New Jersey
Thursday, dec 12
40°
Follow
News
Schools
Business
Obituaries
Police & Fire
Weather
Lifestyle
Politics
Sports
Events
Traffic
Real Estate
Tags
Jobs
Shop
Support Us
Garfield-Lodi
Follow
Find Your Daily Voice
News
Schools
Business
Obituaries
Police & Fire
Weather
Lifestyle
Politics
Sports
Events
Traffic
Real Estate
Tags
Jobs
Shop
Support Us
Home
About us
All sites
Advertise with us
Contact us
Terms of use
Privacy policy
Code of ethics
Site Map
© 2024 Cantata Media
40°
Thursday, dec 12
Tag:
BlockFi Yield
News
Nj-b
ased Crypto Firm Will Pay SEC, States Unprecedented $100M Penalty
A Jersey City-based cryptocurrency company will pay a record $100 million to settle alleged violations of investor-protection laws, state and federal authorities jointly announced. BlockFi Lending LLC neither admitted nor denied any wrongdoing when it agreed to the highest fine ever by a cryptocurrency company, Acting New Jersey Attorney General Matthew J. Platkin said on Monday, Feb. 14. However, it did take a different course than many of its crypto rivals by not fighting the fine. Of the total, $50 million will be paid to the U.S. Securities and Exchange Commission, and up to $50 millio…