Crypto lender Nexo pays $45 million in fines to SEC, states
The SEC said Nexo's Earn Interest Product amounted to a security that should have been registered with the agency.
Digital asset firm Nexo Capital Inc. will pay $45 million in penalties to U.S. federal and state regulators over allegations that it broke securities rules by offering a crypto lending product.
The Securities and Exchange Commission said Thursday that Nexo’s Earn Interest Product amounted to
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