Nexo Capital Inc has come to an agreement with the SEC over failing to register its offer and sale of the Earn Interest Product (EIP), a retail crypto asset lending product. To settle the charges, Nexo has agreed to pay a $22.5m penalty and to cease its unregistered offer and
Crypto lender Nexo fined $45m for unregistered product offering
SEC secures withdrawal of Nexo’s retail crypto lending product.