Tag: NEXO

Nexo revealed that it stopped onboarding new United States clients to its Earn Interest Product in February 2022 after financial regulators in eight states initiated legal actions against it. The…

Coinspeaker California Joins New York and Others to Sue Nexo Over Unregistered Earn Interest Product Account

The accusation is said to be that Nexo handled unregistered securities without authorization

All-in-one cryptocurrency platform Nexo has received a cease-and-desist order in the U.S. state of California.

California’s Department of Financial Protection and Innovation issued a cease and desist against crypto lender Nexo Monday over its crypto interest-bearing accounts. The post California issues cease-and-desist against crypto lender…

Seven states have ordered a halt to Nexo’s “Earn Interest Product” accounts, accusing the company of improperly offering unregistered securities.

Eight states announced a cease and desist order against the crypto lending platform Nexo.

Cryptocurrency lender Nexo Group has been sued by authorities in New York and California for allegedly failing to register its Earn Interest Product, as U.S. regulators crackdown on digital asset…