BlockFi CEO responds to order to cease operations by New Jersey Bureau of Securities

The New Jersey Bureau of Securities seeks to stop BlockFi Interest Account (BIA), in New Jersey as of July 22, 2021. The New Jersey Attorney General’s office claims BlockFi has unregistered securities, exaggerated interest rates, and no consumer insurance. The Bureau of Securities has issued a Summary Cease and Desist Order to BlockFi preventing it … Continue reading BlockFi CEO responds to order to cease operations by New Jersey Bureau of Securities