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2019-10-01 06:50:31

Crypto firm Longfin ordered to pay SEC $6.8M in penalties

Cryptocurrency firm Longfin Corp. has been ordered by a federal court in New York to pay the U.S. Securities and Exchange Commission (SEC) about $6.8 million in penalties and disgorgement for conducting a fraudulent public offering and falsifying revenues.The post Crypto firm Longfin ordered to pay SEC $6.8M in penalties appeared first on The Block.