Policy
California’s DFPI Targets 11 Crypto Firms Calling Them Ponzi Schemes
DFPI likened the behavior of 11 sued companies as reminiscent of pyramid, and Ponzi Schemes.
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WBT$57.45-0.13%
BTC$65,739.00-0.43%
ETH$1,928.41-0.08%
USDT$0.9994+0.02%
USDC$0.99990.00%
XRP$1.13-0.23%
SOL$77.70+0.11%
TRX$0.3278-0.67%
FIGR_HELOC$1.00-0.33%
HYPE$59.09-0.07%
DOGE$0.0724-0.38%
RAIN$0.0144-2.14%
USDS$0.9999+0.00%
LEO$9.73+0.06%
ZEC$514.65-0.40%
WBT$57.45-0.13%
California’s DFPI announced a $10 million settlement with Robinhood over allegedly harming investors in 2020.
DFPI likened the behavior of 11 sued companies as reminiscent of pyramid, and Ponzi Schemes.