Regulation· ★★★· bearish·

SEC charges Blox Lending, Digital Licensing with $200M offering fraud

  • —SEC charged Blox Lending and Digital Licensing with $200M offering fraud
  • —Charges also target principals of both firms
  • —Case centers on alleged fraud in the offering
Why it matters: The new SEC suit extends a string of cases against crypto lenders and highlights risks in yield products.
Source: Google News (crypto query)