“BlockFiโs announcement, made on November 10, 2022, from its Twitter account @BlockFi, acknowledged that it cannot ‘operate business as usual’ given the ‘lack of clarity on the status of FTX.com, FTX US and Alameda.’ The DFPI is investigating BlockFiโs compliance with the laws within the Commissionerโs jurisdiction, including the California Financing Law. The DFPI is also investigating FTX,” DFPI said.
California Finance Regulator Revokes BlockFi’s Lending License
