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SoFi Is Closing Its Crypto Business: Should Investors Like You Be Worried?

SoFi Is Closing Its Crypto Business: Should Investors Like You Be Worried?

Late last week, SoFi Technologies (NASDAQ: SOFI) announced it's shutting down its crypto trading business. Most SoFi crypto clients will have until Dec. 19 to either liquidate or transfer their crypto portfolios to another exchange. For those who opt for the latter, SoFi has teamed with the Blockchain.com crypto exchange to streamline the process.