Crypto Lender Nexo to Pay $45M, Stop Providing EIP in Settlement With SEC

by Jeremy

The U.S. Securities and Alternate Fee (SEC) charged crypto lender Nexo with failing to register the provide and sale of its Earn Curiosity Product (EIP). Nexo has agreed to pay a $22.5 million positive to the SEC and one other $22.5 million to settle comparable fees by state regulators.

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