WebJan 18, 2024 · BlockFi Expands Retail Suite with Two New Product Offerings. Published, 18 January, 2024. Share article. BlockFi Personalized Yield is a bespoke offering available to clients with at least $3 million USD in crypto assets. BlockFi Wallet is an easy way to buy, sell, and store crypto with confidence. Jersey City, NJ, January 18, 2024 - BlockFi, a ... WebFeb 14, 2024 · Under the terms of the settlement, BlockFi agreed to stop opening new lending accounts to U.S. customers and to register a new product, known as BlockFi Yield, as an SEC-regulated investment company.
BlockFi Will Pay $100M, Halt High-Yield Offering - CoinDesk
WebNov 11, 2024 · BlockFi’s announcement came just hours after California’s financial protection agency became the latest entity—behind Texas, New Jersey, and the SEC—to open investigations into FTX. ... In its heyday, BlockFi’s high yield rates were a tempting lure for DeFi degens looking for passive income. Customers were offered up to 9.3% … WebFeb 15, 2024 · BlockFi plans to offer a new product after agreeing to a $100 settlement with the SEC. Upon approval, BlockFi will launch BlockFi Yield, a new type of interest-bearing account for users. Will the ... sharon rose vaznis wikipedia
Is Crypto Coming to an End? The Impact of the Blockfi Settlement
WebApr 10, 2024 · If you suffered losses exceeding $100,000 investing in unregistered BlockFi Interest Accounts ("BIAs") between March 4, 2024 and November 28, 2024 and would like to discuss your legal rights, call ... WebCrypto asset owners could earn an 8% yield by lending their holdings to ... BlockFi agreed to pay a $100 million fine—the largest penalty ever assessed in a crypto enforcement action—to settle ... WebSep 16, 2024 · Last Updated September 16, 2024. The BlockFi Interest Account (BIA) is available to non-US clients, with a few exceptions. With a BIA, clients can earn interest in crypto they hold on BlockFi. Current rates can be found on our rates page. BlockFi Private Client is currently only available to clients that meet certain asset minimum requirements. pop whitten pro tour video