Published 4 years ago • loading... • Updated 4 years ago
Nexo-labeled address withdraws $153M in Wrapped BTC from MakerDAO
Summary by Ground News
Nexo 0x8fd withdrew 7,758.8 Wrapped Bitcoin (WBTC) roughly worth $153M from MakerDAO. On Sept. 26, regulators from eight U.S. states filed a cease-and-desist order against Nexo under the allegations of offering unregistered securities to investors. Kentucky regulators accused Nexo of insolvency owing to liabilities exceeding assets.