WebJan 20, 2024 · Nexo Capital Inc has come to an agreement with the SEC over failing to register its offer and sale of the Earn Interest Product (EIP), a retail crypto asset lending product. To settle the charges, Nexo has agreed to pay a $22.5m penalty and to cease its unregistered offer and sale of the EIP to US investors. WebJan 20, 2024 · The crypto lender will remit $22.5 million to the SEC and another $22.5 million penalty fee to state regulators. According to the SEC, the latter payment is in relation to the Earn Interest ...
The SEC Keeps its Sights Set on Crypto “Finfluencers”
WebLaw360 (January 19, 2024, 9:27 PM EST) -- Cryptocurrency lender Nexo agreed to a $45 million settlement Thursday with the U.S. Securities and Exchange Commission and a … WebJan 19, 2024 · The cryptocurrency lending firm Nexo was fined $45 million for violating federal securities law, the Securities and Exchange Commission announced on Thursday, … bps advance
Nexo Coin - A Beginner’s Guide to Nexo Cryptocurrency (NEXO)
WebJan 20, 2024 · Crypto lender Nexo Capital has agreed to pay $45 million in penalties to the U.S. Securities and Exchange Commission (SEC) and the North American Securities … WebJan 19, 2024 · Crypto lender Nexo Capital has agreed to pay $45 million in penalties to the U.S. Securities and Exchange Commission (SEC) and the North American Securities … WebJan 19, 2024 · Nexo agrees to $45M settlement with SEC and NASAA over earn product PANews ｜2024-01-20 6:42 The crypto lender didn't categorically admit or deny the findings from the SEC's investigation despite agreeing to the settlement. bps act