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Tag: nexo token

October 22, 2023 OJ Jordan Bitcoin, News

One of the Few Remaining Centralized Crypto Lenders “NEXO” Settles for $45 Million With the SEC

Crypto lending firm Nexo Capital Inc. has agreed to pay $45 million in penalties to the US SEC and state regulators for failing to register its crypto lending product. Despite this, Nexo continues its operations, investing in Summit National Bank to expand its services in the US, and committing to a $50 million Nexo Token buyback.

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