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

by Aurelia Butler 14 June 2022, 22:20 189 Views

In a Tuesday announcement, the state regulator said BlockFi had “offered and sold securities in Iowa that were not registered or permitted for sale in Iowa” in addition to not being registered as a broker-dealer or agent, in violation of the state’s Securities Act. The IID ordered BlockFi to pay $943,396.22 as an administrative fine as well as to cease and desist “from making any untrue statement of material facts regarding securities.”

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

30-year mortgage rate surges to 6.28%, up from 5.5% just a week ago

India attacks rich countries over vaccine charges and fishing

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