Nexo agrees to pay $22.5M in penalties to settle SEC charges
To settle the SEC’s charges, Nexo agreed to pay a $22.5 million penalty and cease its unregistered offer and sale of the EIP to US investors.
                                                                    
                                                                To settle the SEC’s charges, Nexo agreed to pay a $22.5 million penalty and cease its unregistered offer and sale of the EIP to US investors.
                                                                    
                                                                Upon successful completion of the transaction, Nexo plans to acquire up to 100% of crypto firm Vauld.