We do the research, you get the alpha!
[2/2] Our stance hasn't changed - the BlockFI Interest Account is not a security.
— BlockFi (@BlockFi) July 21, 2021
$105,167.00
3.29%$3,292.44
1.36%$6.59
4.54%$3.16
3.35%$258.82
9.92%$697.23
2.45%$0.364793
6.88%$1.00
0.01%$0.990115
1.71%$3,286.06
1.32%$0.250567
4.58%$25.78
7.18%$36.91
4.60%$4.58
6.65%$3,928.17
1.57%$104,935.00
3.13%$0.43216
-0.29%$5.17
4.35%$0.326953
-0.80%$0.00002051
2.69%$3,291.61
1.31%$9.67
-0.56%$446.34
4.16%$116.18
0.38%$26.36
21.80%$42.75
16.71%$7.08
-1.83%$13.33
0.95%$0.00001575
4.70%$3,483.75
1.33%$0.99998
0.12%$5.16
3.32%$0.999691
0.31%$357.03
4.74%$8.67
5.07%$9.55
0.00%$1.31
1.04%$28.47
0.88%$0.050485
12.15%$217.70
5.32%$26.66
4.89%$0.143363
10.50%$0.449801
2.85%$1.13
7.54%$7.18
8.37%$425.62
7.91%$0.414513
0.01%$1.33
14.00%$0.135239
6.10%$57.28
-2.95%$3.56
1.08%$5.14
3.19%$0.71576
4.77%$3.02
15.80%$0.932565
7.67%$21.75
3.24%$6.17
3.70%$0.00003284
15.44%$4.89
7.35%$29.85
0.04%$105,184.00
3.09%$1.74
4.87%$7.88
4.83%$1.46
5.45%$21.78
5.85%$2.13
7.12%$1.22
4.25%$2.19
18.88%$3,300.57
1.51%$0.627124
5.60%$0.201948
2.48%$265.74
9.68%$105,042.00
2.94%$3,401.57
1.61%$0.116884
-1.95%$0.998847
0.36%$1.70
2.09%$1.89
6.49%$3,686.96
1.58%$3.87
0.29%$113.65
9.01%$0.02846351
0.31%$0.692445
1.69%$0.356324
4.94%$3,482.14
1.57%$0.02438086
2.09%$0.894546
0.70%$0.03418589
6.38%$1.43
6.06%$0.00014551
6.96%$11.41
2.14%$0.572392
3.51%$324.23
9.12%$1.024
-0.57%$1.47
13.18%$1.36
1.12%$1.23
33.31%$0.02783307
4.00%$105,071.00
3.14%$0.219216
-1.36%$0.826629
2.61%$0.998341
0.45%$1.20
-0.98%$0.330429
10.24%$3.40
6.12%$0.326899
3.44%$20.59
11.44%$34.67
3.99%$1,281.49
0.56%$0.715279
4.38%$0.02075455
6.24%$104,565.00
3.03%$0.00000109
1.66%$0.821425
-0.44%$52.45
1.99%$14.50
2.53%$276.44
8.63%$15.31
7.59%$0.862859
0.39%$6.07
4.96%$3,397.93
1.22%$0.389825
6.16%$0.365101
6.29%$0.093673
3.97%$0.482626
2.38%$32.04
4.07%$3,299.65
2.10%$104,968.00
3.08%$3.06
9.21%$1.21
7.18%$698.72
2.55%$0.450553
3.06%$1.09
1.06%$0.857793
4.43%$4.51
12.90%$48.66
4.78%$0.156699
2.55%$0.997237
-0.06%$0.298596
5.98%$0.00888101
300.86%$1.026
5.84%$0.076535
1.70%$3,477.81
1.39%$0.077847
4.91%$2.93
6.58%$0.01339611
4.08%$3,294.29
1.30%$3.29
3.18%$3,293.69
1.38%$78.52
0.23%$0.00000175
18.80%$104,563.00
2.44%$0.00003395
1.94%$0.791868
22.64%$2,727.80
0.74%$0.235099
4.65%$1.74
7.17%$12.37
1.26%$0.996807
0.24%$2.21
4.12%$2.71
2.59%$0.00741632
0.87%$1.001
0.34%$0.51331
4.08%$235.30
2.94%$3.71
3.67%$4.05
-0.90%$0.601953
44.27%$0.606216
26.70%$100,239.00
0.65%$0.159705
6.59%$0.00649539
-1.65%$13,506.56
38.43%$1.70
7.12%$2,743.05
0.83%$0.615313
5.03%$1.002
0.17%$0.00702763
4.68%$0.078889
0.29%$105,348.00
3.32%$0.00530901
4.64%$3,578.57
1.17%$1.21
6.95%$0.549571
28.58%$0.484
7.62%$1.00
0.16%$27.19
4.30%$0.061164
28.89%$2.08
10.42%$1.11
5.07%$0.0000005
3.54%$0.496874
8.04%$0.998557
0.26%$3,298.47
1.58%$0.00008866
4.24%$3,297.69
1.39%$0.340441
1.59%$104,936.00
3.04%$3,284.24
1.42%$12.63
5.53%$0.00529317
6.48%$4.16
3.78%$0.067759
3.82%$0.00458518
-1.17%$1.093
0.87%$0.00996758
7.77%$0.00654003
2.71%$28.19
5.42%$0.847844
4.46%$0.206104
6.73%$36.45
2.83%$3,454.95
1.33%$1.25
9.12%$0.00244111
13.04%$0.063405
-0.87%$88.98
3.07%$1.001
0.14%$3,549.42
1.18%$1.029
0.51%$0.00575648
1.04%$20.25
6.72%$3.11
9.72%$3,291.42
1.16%$268.47
8.15%$0.054732
3.11%$0.251764
7.54%$0.998567
0.23%$1.074
-0.02%$3.97
8.98%$0.0203059
3.32%$0.196383
76.60%$1.78
4.94%$0.457449
0.70%$0.03893852
3.76%$1.072
0.35%$0.06135
0.19%$0.01185373
-4.47%$4.82
2.21%$0.370312
0.75%$1.001
0.10%$0.00
6.31%$2,112.58
3.31%$22.23
1.17%$3,510.31
1.30%$0.717391
15.52%$3.75
2.57%$104,936.00
3.17%$22.29
3.65%Texas is the latest state looking to crack down on beleaguered crypto lending platform BlockFi, according to a notice published today by the Texas State Securities Board.
State regulators have filed for a cease-and-desist against BlockFi and two of its subsidiaries, BlockFi Lending and BlockFi Trading, over an alleged sale of unregistered securities.
At issue is an investment product called the BlockFi Interest Account, which promises high returns in exchange for banked cryptocurrency, such as Bitcoin.
New Jersey was the first state to go after BlockFi for its alleged dealings in unregistered securities, filing a cease-and-desist earlier this week. Just yesterday, Alabama regulators hit the company with a show-cause notice—essentially a threat, asking BlockFi to defend itself against a potential cease-and-desist.
In a tweet yesterday, the company wrote that "the BlockFi Interest Account is not a security."
[2/2] Our stance hasn't changed - the BlockFI Interest Account is not a security.
— BlockFi (@BlockFi) July 21, 2021
A judge at the State Office of Administrative Hearings (SOAH) will decide in October whether BlockFi can continue operating in Texas.