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BlockFi Will Pay $100M in Settlement With SEC, State Regulators Over High-Yield Accounts: Report

The company has been under investigation since at least November over the lending product, which offers yields as high as 9.5%.

Updated May 11, 2023, 4:40 p.m. Published Feb 12, 2022, 6:24 p.m.
BlockFi advertisement in Washington D.C.'s Union Station (CoinDesk archives)
BlockFi advertisement in Washington D.C.'s Union Station (CoinDesk archives)