The Securities and Exchange Commission is looking into BlockFi Inc.'s popular product, which pays consumers hefty interest rates for lending out their digital tokens, a development that adds to the fast-growing crypto firm's legal difficulties. According to a source familiar with the subject, the SEC is looking into whether BlockFi accounts are securities that should be registered with the agency.
If you are new to BlockFi, why don't you join this platform now and see what it holds for you? Here is how you can sign up as a new user:
Go to https://blockfi.com/
Hit the "Get Started" button in blue
Enter these details:
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