What BlockFi’s $100M settlement with the SEC means for future of DeFi lending – TechCrunch

Crypto lending platform BlockFi will pay the U.S. Securities and Exchange Commission (SEC) $100 million in a settlement over claims that the company violated securities law through its interest account offering, the regulator announced today. The settlement represents the largest recorded penalty incurred by a crypto firm, Axios first reported. BlockFi will pay $50 million…