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The Daily Hodl 2021-07-21 19:30:56

New Jersey Slaps Cease-and-Desist Order on Digital Asset Wealth Manager, Says DeFi’s Risks Outweigh Crypto Volatility

The New Jersey Bureau of Securities is calling on the crypto wealth manager BlockFi to stop offering interest-bearing accounts. Acting Attorney General Andrew J. Bruck announced today that the Bureau of Securities issued a cease-and-desist order against BlockFi in an effort to protect investors. According to the Bureau’s order, BlockFi has been funding its cryptocurrency […]The post New Jersey Slaps Cease-and-Desist Order on Digital Asset Wealth Manager, Says DeFi’s Risks Outweigh Crypto Volatility appeared first on The Daily Hodl.

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