According to the New York Times, the SEC fined cryptocurrency lending firm Nexo for violating federal securities law.
- What misconduct was committed by Nexo?
- How much was the fine?
- Where was Nexo formed?
Yaffe-Bellany, D. (2023) Crypto Lender Nexo Is Fined $45 Million as Crackdown Widens. The New York Times, Jan. 19 (Retrievable online at https://www.nytimes.com/2023/01/19/business/nexo-sec-crypto-fined.html?)