BlockFi Ordered to Pay Over $943K in Iowa for Failing to Register Securities

BlockFi will pay settlements of up to $50 million to the 53 United States following the investigation, as well as another $50 million to the SEC. BlockFi has been ordered to pay an administrative fee ...

Iowa regulator orders BlockFi to pay $943K over alleged unregistered securities offering

The Iowa Insurance Division, or IID, a regulator responsible for many securities sales in the state, has fined crypto lending firm BlockFi more than $943,000 after it allegedly offered and sold unregi...