Sage Investment Club

Crypto Lender Nexo Fined $46.5M in the US

The 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 the fine, the Attorney General of […]