BlockFi cuts 20% of workforce citing market downturn
BlockFi founders Zac Prince and Flori Marquez said that "market conditions that have had a negative impact on our growth rate," driving their decision to make the job cuts.
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Kentucky’s cease and desist order to BlockFi
Kentucky's Department of Financial Institutions has issued a cease and desist order to BlockFi over its BlockFi Interest Accounts.
BlockFi gets 1 month reprieve from New Jersey regulators
Co-founder and CEO Zac Prince confirmed that the NJ watchdog has given the firm one more month before it has to shut down its interest-bearing accounts.
Texas files cease and desist against BlockFi
The state of Texas has filed a Cease and Desist order against BlockFi and claims that BlockFi's Interest Accounts are unregistered securities.
BlockFi ordered to cease and desist by NJ Attorney General
BlockFi, the popular cryptocurrency lending and borrowing platform, has been issued a cease and desist order by NJ's Attorney General.