Crypto Firm Nexo Pays Out $45 Million in Settlement with SEC, Shutters Lending Product
Crypto lending company Nexo has agreed to pay a total of $45 million to US regulators to settle claims that it failed to register the sale of its Earn Interest Product (EIP). According to two separate statements by the U...
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According to two separate statements by the US Securities and Exchange Commission and the North American Securities Administrators Association, Nexo has agreed to pay a $22.5 million penalty to each of these regulators, or a total of $45 million to settle charges that it violated investor-protection laws....
Read More: Crypto Firm Nexo Pays Out $45 Million in Settlement with SEC, Shutters Lending Product
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