Crypto Updates

Crypto Lender Nexo Fined $46.5M in the US


Crypto lending platform Nexo has settled with federal and state regulators in the United States for offering and selling unregistered securities, paying a total penalty of $45 million. The Securities and Exchange Commission (SEC) received $22.5 million, and the rest went to state regulatory authorities.

In addition to that fine, the Attorney General of New York obtained another $1.5 million for the state to settle with the platform for its services through a virtual currency trading platform

Click Here to Read the Full Original Article at CryptoCurrency – Finance Magnates | Financial and business news…