Crypto exchange Poloniex agrees to pay $10.4 million to settle U.S. SEC charges


FILE PHOTO: A small toy figure and representations of virtual currency stand on a motherboard in this picture illustration taken May 20, 2021. REUTERS/Dado Ruvic/Illustration

NEW YORK (Reuters) - The U.S. Securities and Exchange Commission said on Monday Poloniex has agreed to pay roughly $10.4 million to settle charges of operating as an unlicensed cryptocurrency exchange.

The U.S. regulator said Poloniex agreed to settle without admitting or denying the charges.

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