Several U.S. states, including California, New York, and South Carolina, could take legal action against Nexo, a cryptocurrency lender platform. California DFPI issues a Desist The state of California, through the Department of Financial Protection and Innovation (DFPI), gave an… origin »
The California Department of Financial Protection (DFPI) has issued a cease and desist order against crypto lender Nexo Group for offering yield-bearing accounts.
The post California Hits Nexo With Cease & Desist Notice, Citing Investor Protection Issues appeared first on BeInCrypto.
Regulators across multiple US states have announced enforcement actions against crypto lender Nexo, with…
The post New York, California among US states to bring enforcement actions against Nexo appeared first on CoinJournal.
The world’s biggest cryptocurrency lender Nexo is being sued by a California resident for suspending XRP payments back in December. Nexo was among the first firms to cut ties with XRP after the SEC launched its lawsuit against Ripple.