Eight US State Regulators Slams Nexo with Cease and Desist Order

In an announcement on Monday, about eight states individually filed legal actions against Crypto lender platform Nexo. California’s Department of Financial Protection and Innovation (CDFPI), New York, amongst several others announced a lawsuit against the platform. Nexo created an Earn Interest Product (EIP) account which was not registered. The accounts are securities and by the […]The post Eight US State Regulators Slams Nexo with Cease and Desist Order appeared first on Blockchain, Crypto and Stock News.