WebJan 20, 2024 · Crypto lending platform Nexo will pay $45 million to settle Securities and Exchange Commission allegations that it sold unregistered securities through its Earn … WebJan 20, 2024 · Crypto Firm Nexo Pays Out $45 Million in Settlement with SEC, Shutters Lending Product Source: AdobeStock / AndriiKoval 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).
Ohio Joins $45M Nationwide Unregistered Securities Settlement With Nexo …
WebJan 20, 2024 · January 20, 2024. The US Securities and Exchange Commission (SEC) has slapped a penalty of $45 million to the cryptocurrency lending firm Nexo Capital Inc. for … WebJan 20, 2024 · Crypto lender Nexo agrees to pay $45M in penalties to settle US SEC and state charges for failing to register the offer and sale of its Earn Interest Product (The … trx headlights
Crypto Lender Nexo Coughs Up $45M Fine to US Authorities
WebAccording to the settlement from January, Nexo agreed to pay a total of $45 million—$22.5 million to the SEC and the same amount to other relevant jurisdictions. Nexo is also to discontinue its Earn Interest Product. Already in early December, the cryptocurrency lender revealed it will leave the US market due to regulatory pressure. WebJan 19, 2024 · Crypto Lender Nexo to Pay $45M, Cease Offering EIP in Settlement With SEC Consensus Magazine Learn Bitcoin Calculator Consensus Webinars Indices About Markets Finance Technology Web3 Policy... WebJan 20, 2024 · Published: January 20, 2024 │ 5:40 PM GMT U.S. regulators have charged crypto lender Nexo Capital with failing to register its retail crypto lending product before offering it to the public. The penalty serves as a reminder for other crypto companies to comply with securities laws and regulations. trx heavy bag