SEC Fine – DIGIT INFO

SEC serves $4M in fines to Coinme over ‘misleading’ UpToken ICO

DIGIT — Mon, 01 May 2023 05:35:04 +0000

The regulator nabbed the crypto ATM operator turned exchange for securities law violations over its sales and statements of a crypto token.

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How Crypto Twitter reacted to Kim Kardashian’s $1.26M SEC fine

DIGIT — Tue, 04 Oct 2022 02:41:00 +0000

Some pointed out the regulator’s supposed hypocrisy, others told crypto-influencers to lawyer up, whilst a few poked fun at the reality TV star.

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SEC Fines John McAfee’s Associate $375K in Penalties for ICO Promotions

DIGIT — Sat, 16 Jul 2022 20:00:37 +0000

According to a Securities and Exchange Commission (SEC) judgment, Jimmy Gale Watson, a former associate of the now deceased John McAfee, has been fined for being paid to promote pump and dump-fashioned initial coin offerings (ICOs). The SEC has ruled that Watson must pay roughly $375K in penalties and he’s not allowed to participate in […]

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Surprise twist as BlockFi receives Money Services License in Iowa

DIGIT — Wed, 29 Jun 2022 02:54:06 +0000

Despite a significant fine from Iowa’s regulator just two weeks earlier, BlockFi has scored itself a license in the state.

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Crypto Lender Blockfi Secures $250 Million Line of Credit From FTX, CEO Says Capital Will Bolster Its Balance Sheet

DIGIT — Tue, 21 Jun 2022 19:30:53 +0000

The crypto lender Blockfi detailed on Tuesday that the company secured a $250 million line of credit from FTX. Blockfi’s CEO Zac Prince announced on Twitter that the company will use the capital to bolster Blockfi’s “balance sheet and platform strength.” Blockfi Obtains $250 Million Revolving Credit Line From FTX After Crypto Lending Firms Struggle […]

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