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SEC Orders Salt Lending to Offer Refunds to Investors in Its $47M ICO The top U.S. financial watchdog has ordered Salt Lending to offer investors refunds for its 2017 initial coin offering (ICO). The Securities and Exchange Commission (SEC) told Salt Lending, a protocol offering dollar-denominated loans collateralized by cryptocurrencies, it had fourteen days to begin the process of offering refunds to investors. The OriginalCrypto-Backed Loan. bullet copy. Starting from $5,000 *. bullet copy.
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The SEC released a court order document today concerning Salt Blockchain Inc, or Salt Lending. September 30, 2020 · 3 min read. Salt Lending has been ordered to create a process by which investors in its $47 million initial coin offering (ICO) can seek refunds. The SEC released a court The United States Securities and Exchange Commission (SEC) announced today that SALT Blockchain, the company behind cryptocurrency-backed loan service SALT Lending, must refund customers that purchased its SALT tokens during an initial coin offering (ICO) in 2017.
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If approved, funds will be loaded on a prepaid card and the loan amount will be Salt Lending LLC: Salt Master Fund II, LLC – NMLS 1711910 NMLS Consumer Access Disclaimer. This website contains depictions that are a summary of the process for obtaining a loan and provided for illustrative purposes only. For example a one year $10,000 loan with a rate of 6.00% APR would have 12 scheduled monthly payments of $861. The Securities and Exchange Commission (SEC) told Salt Lending, a protocol offering dollar-denominated loans collateralized by cryptocurrencies, it had fourteen days to begin the process of offering refunds to investors. The top U.S. financial watchdog has ordered Salt Lending to offer investors refunds for its 2017 initial coin offering (ICO). The Securities and Exchange Commission (SEC) told Salt Blockchain Inc., the owner of the lending platform that offers dollar-denominated loans collateralized by cryptocurrencies, that it would have to begin the process of offering refunds to investors. The top U.S. financial watchdog has ordered Salt Lending to offer investors refunds for its 2017 initial coin offering (ICO).
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Share. 10 1 3. Salt Lending to Begin the Process of Refunds to Investors in Early 2021 Author: ICO Warz Published Date: October 1, 2020 “Anyone who bought SALT from us directly before and including 12/31/2019 will have an opportunity to submit a written claim at a later date to recover the consideration paid plus interest,” tweeted SALT Lending. Uphold & SALT Lending Partnership; How do I view my transactions; Can I get a refund for my SALT?