The California Department of Financial Protection and Innovation (DFPI) has permanently revoked the license of bankrupt ...

California DFPI revokes BlockFi's license for multiple violations, including failure to evaluate borrowers' ability to repay ...

“BlockFi and Celsius took your bitcoin and did risky things with it to generate yield. We do not touch your bitcoin. Your bitcoin is held in 100% reserve custody. This is only interest on cash ...

The California Department of Financial Protection and Innovation (DFPI) has permanently revoked the license of bankrupt ...

Unfortunately, they were led by inept and/or unethical leaders that gambled with other people’s money and lost.

The California DFPI revokes BlockFi’s license, citing loan practice violations, with fines waived to prioritize consumer repayments.

"Whether it's job loss, an appliance needs replacing or the car breaks down, you need to have funds that can be tapped into quickly to respond to these issues without having to use high-interest ...

Today, the national average interest rate for savings accounts is just 0.45%, according to the FDIC. But that doesn’t mean you’re stuck earning a low rate on your savings. Many banks and ...

Two years following bankruptcy, California cancels BlockFi lending licence for violating of lending and the California ...

The California Department of Financial Protection and Innovation (DFPI) has permanently revoked the lending license of ...

BlockFi violated the CFL by failing to consider borrowers’ ability to repay their loans and charging borrowers interest before the loan proceeds were disbursed. The bankrupt crypto lending ...