- Crypto lender Nexo is having issues with state authorities from California, New York, Washington, Kentucky, Vermont, South Carolina, and Maryland.
- Kentucky, Vermont, South Carolina, and Maryland have all filed similar actions against Nexo, and many of the complaints are ordering Nexo to cease and desist current operations tied to the firm’s interest-bearing accounts.
- Nexo has been tweeting on September 26, but the crypto lender has not issued a statement concerning the securities regulators issuing cease and desist orders.
More Than a Half Dozen US Securities Regulators File Actions Against Crypto Lender Nexo
