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The US Suspends the Investigation against Nexo, the Company reached a Historic Settlement

Nexo has agreed to pay $45 million to US regulators and will cease unregistered offering of crypto products, reported the United States Securities and Exchange Commission, as quoted by BNT. Nexo has reached a definitive settlement with the US Securities and Exchange Commission (SEC), the North American Securities Administrators Association (NASAA), consisting of all 50 US states and three territories, the New York Attorney General (NYAG), The Texas Department of Banking, the Alaska Division of Banking and Securities, and the Washington Division of Consumer Services, the company said. There have been no allegations by US federal regulators that Nexo has engaged in fraudulent or deceptive business practices, or that Nexo’s customers have been harmed or misled about the company’s financial condition….

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