SEC Reaches $10 Million Settlement With Poloniex for Regulatory Violations

SEC Reaches $10 Million Settlement With Poloniex for Regulatory Violations

The U.S. Securities and Exchange Commission (SEC) today announced that it reached a $10 million settlement with the Poloniex cryptocurrency exchange, which allegedly offered an unregulated platform for trading digital assets between July 2017 and November 2019. The SEC said that some of the cryptocurrency exchange’s employees “stated internally that they wanted Poloniex to be…

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