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 ...

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

“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 ...

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.

Daniel has 10+ years of experience reporting on investments and personal finance for outlets like AARP Bulletin and Exceptional magazine, in addition to being a column writer for Fatherly.

CNBC Select will update as changes are made public. Despite the halt in interest rate hikes, high-yield savings accounts still offer around a 5% annual percentage yield (APY) — up from the ...

The company said its visual overhaul, including a website refresh, is meant to strike a more sophisticated tone with ...

Income can be earned through investments with capital in the form of capital gains, dividends, and interest. Each year, investors pay taxes on interest income from bonds, mutual funds ...

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 ...