Crypto Lender BlockFi to Pay $100 Million In Settlement with S | CryptoClan (ENG)

Crypto Lender BlockFi to Pay $100 Million In Settlement with SEC, States

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 product that pays customers high interest rates to lend out their digital tokens, according to people familiar with the matter.