Nexo issued with $45m penalty over compliance failures

The US Securities and Exchange Commission (SEC) has issued crypto trading platform Nexo with $45m in penalties, over failure to register the offer and sale of its retail crypto asset lending product. Two charges of $22.5m each were issued to Nexo, detailing that the platform broke US laws by offering regional investors an unregistered Earn … Continue reading Nexo issued with $45m penalty over compliance failures