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SEC and California DFPI in Crypto Lending Nexo Settlement

California Department of Financial Protection and Innovation DFPI announced $22.5 million multi-state settlement with Nexo Capital Inc Nexo relating to unregistered securities offerings in connection with company’s retail crypto lending product. Parallel action filed by SEC.

Crypto Lender to pay Illinois investors more than $400,000

SPRINGFIELD - Illinois Secretary of State Alexi Giannoulias announced that the state will receive $424,500 as part of the $45 million multi-state settlement

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