TradeStation Crypto Settles Charges, Agrees to Pay $4.5 Million

Cryptocurrency platform TradeStation Crypto has agreed to pay a total of $4.5 million to settle charges brought by the U.S. securities regulator and multiple states. The charges were related to the offering and sale of unregistered securities through an interest-earning program. The Securities and Exchange Commission (SEC) and state regulatory authorities, as per Reuters, alleged that TradeStation failed to register its crypto lending product, which allowed U.S. investors to deposit or purchase assets on its platform in exchange for yield. Failure to Register Crypto Lending...

source: https://tokenpost.com/TradeStation-Crypto-Settles-Charges-Agrees-to-Pay-45-Million-11213

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