https://stream.echo6.co/videos/watch/cd1f0e64-c716-41fb-8e00-9d9951793150 BlockFi is being forced to pay a $100 million settlement with the SEC and state regulators for offering people high yield on their accounts. They've been under investigation since the end of last year for offering earnings as high as 9.5%. With Inflation currently at 7.5% (according to official numbers), it's no wonder that this opportunity for people to safeguard some of the value of their savings has been so popular. But now the SEC are cracking down. As Erik Voorhees said: BlockFi did nothing wrong; they harmed nobody. They built a great company that provides a service customers love. It's disgraceful that regulators are stealing $100m from them. The absurdity of penalizing an innovative company that offers 8% yield on the dollar while inflation ravages peoples' savings... Originally appeared on Coindesk.tv To support NBTV, visit: https://www.nbtv.media/support (tax-deductible in the US) Visit our shop! https://Shop.NBTV.media Our eBook "Beginner's Introduction To Privacy: https://amzn.to/3WDSfku Beware of scammers, I will never give you a phone number or reach out to you with investment advice. I do not give investment advice. Visit the NBTV website: https://nbtv.media Watch this video on Odysee! https://open.lbry.com/@NaomiBrockwell:4/Blockfi-fined-100-million:3 Here are a bunch of products I like and use. Using these links helps support the channel and future videos! Recommended Books: Beginner's Introduction To Privacy - Naomi Brockwell https://amzn.to/3WDSfku Permanent Record - Edward Snowden https://amzn.to/305negc What has the government done to our money - Rothbard https://amzn.to/2KMzmcu Extreme Privacy - Michael Bazzel (The best privacy book I've ever read) https://amzn.to/4jrseiS Digital version: https://inteltechniques.com/book7.html (non affiliate link) No Place to Hide: Edward Snowden, the NSA, and the U.S. Surveillance State - Glenn Greenwald https://amzn.to/2UQmJ4m Some of my favorite products to help protect your privacy! Brave browser: https://brave.com/nao076 Faraday bag (signal stopping, to protect your fob, credit card, computer, and phone) https://amzn.to/3z02UiF Data Blocker (if you're charging your phone in an unknown port, use this so that no data is transferred) https://amzn.to/2SVh0J2 Camera tape (electrical tape is the best tape for covering phone and computer cameras) https://amzn.to/3Xn8xBn USB-C to ethernet adapter: https://amzn.to/2lOVBoy Privacy Screens (use your phone and computer in public? Keep your information safe!) Computer: (Search for the size right for your computer) MacBook Air 13" https://amzn.to/3VQvpZ7 HP/Dell/Acer/Asus/Lenovo 15.6" https://amzn.to/3KK1Oda Lenovo Thinkpad/HP Elitebook/Dell 14" https://amzn.to/4enT2zq Phone: (Search for the size for your phone, decide whether you want glass or plastic!) Galaxy s24 - https://amzn.to/3VGgb8H iPhone 15 - https://amzn.to/45vCd1h Pixel 8 - https://amzn.to/3KFDuJF Mon, 13 Apr 2026 20:39:43 GMT https://validator.w3.org/feed/docs/rss2.html PeerTube - https://stream.echo6.co https://stream.echo6.co/client/assets/images/icons/icon-512x512.png https://stream.echo6.co/videos/watch/cd1f0e64-c716-41fb-8e00-9d9951793150 All rights reserved, unless otherwise specified in the terms specified at https://stream.echo6.co/about and potential licenses granted by each content's rightholder.