(Reuters) – Cryptocurrency platform TradeStation Crypto can pay $3 million to settle prices from the U.S. securities regulator and a number of states that it supplied and offered unregistered securities by an interest-earning program.
TradeStation didn’t register its crypto lending product that allowed U.S. traders to deposit or buy belongings on TradeStation’s platform in alternate for yield, the Securities and Trade Fee stated. The product was supplied to clients starting in 2020 and was shut down in 2022.
