Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

The SEC took an unexpected step and shelved the penalty it gave to the bankrupt cryptocurrency company BlockFi. Previously, the SEC fined $30 million for not registering with BlockFi. But now the regulator has taken an important decision to enable the platform to make payments to its users faster. The SEC waived the remainder of the penalty imposed on BlockFi to accelerate payments to investors.


The SEC's filing said it waived the $30 million fine. With this decision, it was emphasized that the SEC primarily wanted BlockFi to pay customers. In the company's bankruptcy filing, it was noted that the SEC's name was at the top of the credit list. This development could ease BlockFi's hand and improve its position in the bankruptcy process.
#Bykaranteli #GateioBountyCreator #ContentStar #BountyCreator #Gateio10周年 #NewYearCelebration #GateioTurns10 #CryptoObserves #contentcreator #NewsMessenger
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
NAİMBlackvip
· 2023-06-23 18:53
congratulations alibey, you have made a nice post
View OriginalReply1
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)