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New Jersey Regulators Slap BlockFi with a Cease & Desist Order

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BlockFi ordered to stop opening new interest accounts in New Jersey

BlockFi ordered to stop opening new interest accounts in New JerseyBlockFi has been ordered by the New Jersey Bureau of Securities to desist from opening a new BlockFi Interest Account (BIA) for residents. In a Twitter thread on July 20, CEO Zac Prince has made it clear that the firm remains in operation for existing New Jersey customers and is in an ongoing dialogue with

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