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 […]
Bulgaria Launches Probe of Crypto Lender Nexo, Raids Offices
Local investigators in partnership with foreign agents raided the Bulgaria offices of the cryptocurrency lending firm, Nexo, on Thursday. Bulgarian business daily Dnevnik reports that a total of 15 offices are being checked with over 300 officials from various agencies working on the case. Additionally, prosecutors have launched an international operation to investigate the company […]