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California Finance Regulator Revokes BlockFi’s Lending License

by SB Crypto Guru News
November 12, 2022
in Crypto Updates
Reading Time: 1 min read
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“BlockFi’s announcement, made on November 10, 2022, from its Twitter account @BlockFi, acknowledged that it can’t ‘function enterprise as ordinary’ given the ‘lack of readability on the standing of FTX.com, FTX US and Alameda.’ The DFPI is investigating BlockFi’s compliance with the legal guidelines throughout the Commissioner’s jurisdiction, together with the California Financing Regulation. The DFPI can also be investigating FTX,” DFPI stated.



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