Anti-Financial Crime & Financial Crime Compliance
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NEWS: Crypto firm Nexo – under AML investigation in EU – pays $45M fine to SEC for failing to register lending product

NEXO FINED. The U.S. Securities and Exchange Commission headquarters in Washington. The SEC has fined crypto firm Nexo $45M.

Nexo Capital Inc has agreed to pay $45M in penalties to settle charges from the US Securities and Exchange Commission (SEC) and state regulators that the crypto firm failed to register its crypto asset lending product. Nexo has agreed to pay a $22.5 million penalty to the SEC and another $22.5 million in fines to…

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