Alabama regulators accuse BlockFi of offering unregistered securities

Cointelegraph

Published Jul 22, 2021 08:16AM ET

Updated Jul 22, 2021 10:00AM ET

The state of Alabama has become the second state in the United States to raise concerns over BlockFi, a major cryptocurrency lending platform.

The Alabama Securities Commission (ASC) has issued a show-cause order to New Jersey-based company BlockFi, ASC director Joseph Borg officially announced on Wednesday.

Continue Reading on Coin Telegraph