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FORGOTTEN HISTORY: Sec ratchets up crypto crackdown - Caught on Camera

Crypto startup BlockFi agreed to pay $100 million to settle allegations from the SEC and state regulators that it illegally offered a product violating securities law.

Why it matters: This is the largest-ever penalty against a cryptocurrency firm and the first in which a crypto company was charged with violating the registration provisions of the Investment Company Act of 1940.


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