Switzerland-based crypto-lender Nexo is facing simultaneous enforcement action from eight different U.S states over varying allegations. Actions include cease and desist orders, administrative measures etc. State regulators from California, Kentucky, New York, Maryland, Oklahoma, South Carolina, Washington and Vermont have claimed that Nexo allegedly failed to register its “Earn Interest Product” as a security and […]Switzerland-based crypto-lender Nexo is facing simultaneous enforcement action from eight different U.S states over varying allegations. Actions include cease and desist orders, administrative measures etc. State regulators from California, Kentucky, New York, Maryland, Oklahoma, South Carolina, Washington and Vermont have claimed that Nexo allegedly failed to register its “Earn Interest Product” as a security and […]
