Nexo pays $45 million to settle SEC and state charges for failing to register lending product

South Africa News News

Nexo pays $45 million to settle SEC and state charges for failing to register lending product
South Africa Latest News,South Africa Headlines
  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Crypto lender Nexo settled charges from the SEC and state regulatory authorities over its crypto asset lending product.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheBlock__ /  🏆 464. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nexo Capital Inc. to stop offering of crypto lending product, pay $45 million penalty: SECNexo Capital Inc. to stop offering of crypto lending product, pay $45 million penalty: SECU.S. securities regulators on Thursday charged Nexo Capital Inc. with failing to register the offer and sale of its retail crypto asset lending product. To...
Read more »

Crypto platform Nexo agrees to pay $45 million in fines by state and federal authoritiesCrypto platform Nexo agrees to pay $45 million in fines by state and federal authoritiesThe Securities and Exchange Commission says Nexo Capital Inc. agreed to pay $45 million in fines to settle charges by the agency and state regulators.
Read more »

Nexo agrees to $45M settlement with SEC and NASAA over earn productNexo agrees to $45M settlement with SEC and NASAA over earn productCrypto lender Nexo Capital has reached a settlement with the United States Securities Exchange Commission and state regulators for the alleged unregistered offering of its earn product, settling for $45 million in penalties.
Read more »

'They're boiling the frog': SEC's new crypto crackdown roils industry'They're boiling the frog': SEC's new crypto crackdown roils industryThe SEC's move last week to charge two digital asset giants with selling unregistered products to individual investors was a stark warning to crypto exchanges, lenders and other platforms.
Read more »

Former SEC Official's Crypto Warning: Regulatory Onslaught Is Just Beginning – Regulation Bitcoin NewsFormer SEC Official's Crypto Warning: Regulatory Onslaught Is Just Beginning – Regulation Bitcoin NewsThe SEC's former head of internet enforcement has warned the crypto industry that 'an SEC regulatory onslaught is just beginning.' cryptocurrency
Read more »



Render Time: 2025-03-03 15:07:22