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CoinGape

2023-01-20 04:50:18

Crypto Lender Nexo Agrees to Pay $45 Million in Fine to SEC

Crypto Lender Nexo Agrees to Pay $45 Million in Fine to SEC

A week after Nexo’s office in Bulgaria was raided, the crypto lender reached a settlement with the U.S. Securities and Exchange Commission (SEC) paying a total of $45 million in fines. The SEC has charged Nexo for the unregistered offering of its crypto lending product, the Earn Interest Product (EIP), to the U.S. investors. For The post Crypto Lender Nexo Agrees to Pay $45 Million in Fine to SEC appeared first on CoinGape .

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