News Explorer — eToro Settles With SEC, Paying $1.5 Million Penalty and Limiting Crypto Trading for US Customers

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Sep 12, 1:19 pm

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eToro Settles With SEC, Paying $1.5 Million Penalty and Limiting Crypto Trading for US Customers

eToro has settled charges with the SEC and will pay a $1.5 million penalty for operating as an unregistered broker and clearing agency. As part of the settlement, eToro will only offer Bitcoin, Ethereum, and Bitcoin Cash trading to U.S. customers and will give them 180 days to sell other crypto assets before restricting trading access.

eToro has settled charges with the SEC and will pay a $1.5 million penalty for operating as an unregistered broker and clearing agency. As part of the settlement, eToro will only offer Bitcoin, Ethereum, and Bitcoin Cash trading to U.S. customers and will give them 180 days to sell other crypto assets before restricting trading access.

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