Home Cryptocurrency Crypto Lender Nexo to Pay $45 Million, Stop Offering EIPs in SEC Settlement

Crypto Lender Nexo to Pay $45 Million, Stop Offering EIPs in SEC Settlement

by SuperiorInvest

The US Securities and Exchange Commission (SEC) has accused crypto lender Nexo of failing to register the offer and sale of its Earn Interest Product (EIP). Nexo agreed to pay a $22.5 million fine to the SEC and an additional $22.5 million to settle similar charges by state regulators.

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