SEC Settles With 1 Of 2 Companies Involved In Crypto Loan Program

(March 20, 2024, 2:09 PM EDT) -- NEW YORK — A federal judge in New York issued final judgment against one of two companies the Securities and Exchange Commission sued for running a program that allowed individuals to loan crypto assets in exchange for interest after it agreed to settle the claims the SEC brought against it, only days after the judge found that the SEC adequately established that the program was an investment contract....

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