BlackRock Faces $2.5 Million SEC Fine for Investment Misrepresentation; Bitcoin ETF Listing Sparks Controversy

As reported by Cointelegraph, the United States Securities and Exchange Commission (SEC) has levied a $2.5 million fine against BlackRock Advisors, LLC, one of the globe's largest asset management firms. The fine is a consequence of BlackRock's inaccurate depiction of its substantial investments in the entertainment sector, as stated by the SEC. KEEP READING