Blame SEC for BlockFi Bankruptcy, Says Ripple General Counsel
In a few tweets on Sunday, Ripple General Counsel Stuart Alderoty blamed the US Securities and Exchange Commission for the imminent collapse of BlockFi, establishing a trend of the regulation harming customers. Read: After Embarrassingly Bad Performance, Ripple General Counsel Talks to SEC Cops Alderoty claims that it is unclear if the SEC performed its […]
Crypto Lender to Pay $100 Million in Fines to SEC
Cryptocurrency lenders are coming under increasing scrutiny as they promise returns well in excess of traditional savings accounts and attract tens of billions of dollars in deposits BlockFi Set to Pay $100 Million to U.S SEC According to a report on February 10, BlockFi Inc. is set to pay $100 million to deal with allegations […]