---
schema_version: "secwatch.filing_event.v1"
accession: "0001818874-22-000246"
form_type: "8-K"
ticker: "SOFI"
cik: "0001818874"
company_name: "SoFi Technologies, Inc."
filed_at: "2022-11-21T23:59:59+00:00"
generated_at: "2026-06-21T15:11:34.897936+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001818874-22-000246
- form_type: 8-K
- ticker: SOFI
- cik: 0001818874
- company_name: SoFi Technologies, Inc.
- filed_at: 2022-11-21T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818874/000181887422000246/0001818874-22-000246-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818874/000181887422000246/sofi-20221121.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001818874-22-000246
- JSON: https://secwatch.observer/filing/0001818874-22-000246.json
- Plain text: https://secwatch.observer/filing/0001818874-22-000246.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.