On November 22, 2022, the Consumer Financial Protection Bureau (CFPB) denied a petition by Nexo Financial LLC (“Nexo Financial”) to modify a Civil Investigative Demand (CID) issued on.
To help you keep abreast of relevant activities, below find a breakdown of some of the biggest events at the federal and state levels to impact the Consumer Finance Services industry.
NFTs sure get a boost on this current industry, but not all are fortunate in the blockchain world. CryptoWatch is here to deliver on the latest news there is to the blockchain world in the past week, where tech companies and developments bring light to the latest there is to the cryptocurrency world.
Nexo is facing a massive lawsuit from different states in the country for selling securities. Nexo is a well-known cryptocurrency lender in the market now and it is facing eight lawsuits from different states, with New York's Attorney General speaking up against the company's services.