Crypto lender Nexo says it is relaunching in the US in partnership with Bakkt, three years after leaving the US and paying a $45M fine to settle SEC charges
Crypto lender Nexo says it is relaunching in the US in partnership with Bakkt, three years after leaving the US and paying a $45M fine to settle SEC charges
Bulgaria ends criminal proceedings against crypto lender Nexo, finding no evidence of money laundering, tax crimes, computer fraud, or other criminal activity
The Block :
Bulgaria ends criminal proceedings against crypto lender Nexo, finding no evidence of money laundering, tax crimes, computer fraud, or other criminal activity
- The Prosecutor's Office of the Republic of Bulgaria cleared Nexo of any criminal wrongdoing and ended its investigation into the crypto lender.
Crypto lender Nexo agrees to pay $45M in penalties to settle SEC and US state charges for failing to register the offer and sale of its Earn Interest Product
- The SEC charged Nexo for failing to register the offer and sale of its crypto asset lending product, called the Earn Interest Product.
Bulgarian police raided London-based crypto lender Nexo's office in Sofia on January 12, seeking information on suspected money laundering and tax crimes
Bloomberg :
Bulgarian police say London-based crypto lender Nexo's office in Sofia was raided on Thursday, seeking information on suspected money laundering and tax crimes
Crypto lender Nexo's office in Sofia was raided by Bulgarian police on Thursday as part of an investigation into suspected money laundering and tax crimes.
Troubled crypto lender Vauld rejects rival Nexo's final acquisition proposal, questioning Nexo's solvency and other issues
- Troubled crypto lender Vauld rejected rival Nexo's final acquisition proposal. — Vauld continues to seek answers from Nexo, particularly around its solvency.
Crypto lender Nexo aims to exit the US in the coming months; US users in eight states can no longer use its Earn Interest Product and signups are halted
Nexo will immediately suspend access to its Earn product in several U.S. states. — Crypto lender Nexo announced Monday …
California, New York, and other states take action against crypto lender Nexo, from sending cease and desists to suing, focusing on interest-bearing accounts
A group of U.S. state regulators announced an array of legal actions against crypto lender Nexo on Monday.