Bankrupt BlockFi Agrees To $150k Penalty In Conn. Bond Row

By Parker Quinlan (May 29, 2024, 6:09 PM EDT) -- Bankrupt cryptocurrency lender BlockFi has reached a deal with Connecticut's banking regulator to pay a $150,000 civil penalty over claims the company failed to maintain a required surety bond, and a decision in November 2020 to halt account withdrawals from the platform....

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