SoFi responds to Senate inquiry on digital asset trading; discloses crypto fees $3.85M, no FTX exposure

SoFi Technologies, Inc.

Received letter from four Democratic senators requesting info on digital asset activities.
Stated full compliance with bank license and all applicable laws.
Brokerage-related fees (including crypto) totaled $3.85M in Q3 2022.
Fair value of digital assets held for members was $132.5M as of Sept 30, 2022.
No direct or indirect exposure to FTX; no crypto lending or yield activities.

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