Crypto history

BlockFi interest accounts

BlockFi's 2022 SEC settlement concerned interest accounts and disclosure around lending activity.

Reference note · Sources below

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In this article

Overview
Why it matters
What to check
Sources

Overview

BlockFi's 2022 SEC settlement concerned interest accounts and disclosure around lending activity.

Why it matters

A regulatory settlement did not certify future solvency or remove counterparty and custody risk.

What to check

Use the settlement only for the conduct and period it covered.

Sources

SEC: BlockFi lending-product settlement, 14 February 2022

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