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Published 2 years ago

More Than a Half Dozen US Securities Regulators File Actions Against Crypto Lender Nexo – Regulation Bitcoin News

Summary by Ground News
Crypto lender Nexo is having issues with state authorities from California, New York, Washington, Kentucky, Vermont, South Carolina, and Maryland. The enforcement actions from multiple state securities regulators detail that Nexo's Earn Interest Product may be in violation of securities laws. Similar law enforcement actions took place in 2021 against Celsius before the company went bankrupt.

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