Cryptocurrency lender Nexo is facing regulatory actions in eight US states for allegedly offering an investment product that violates securities laws. State regulators in California, New York, Washington, Kentucky, Vermont, South Carolina, Maryland and Oklahoma are issuing statements centered on Nexo’s Earn Interest Product (EIP). The office of South Carolina Attorney General Alan Wilson says […]

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The post Multiple State Financial Regulators Allege Crypto Loan Platform Nexo Violates Securities Laws appeared first on The Daily Hodl.
Nexo (COIN:NEXOUSD)
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