Nexo to pay $45 million to settle SEC charges

Nexo reached a $45 million settlement with US regulators, including the SEC.
The crypto lender allegedly offered unregistered securities via its Earn Interest Product.
Nexo will pay $22.5 to state regulators and the rest to the SEC, with this expected in the next 12 months.Nexo, a Cayman Islands corporation founded in 2018 and a leading crypto lender, will pay $45 million as settlement with the US Securities and Exchange Commission (SEC) and the North American Securities Administrators Associat