Post by: Administrator on January 16, 2026, 07:29:22 PM
California’s finance watchdog claims Nexo made nearly 5,500 loans to Californians without a valid license and did not properly assess their ability to repay.
Source: Nexo to pay $500K fine to California regulator over ‘risky loans’ (https://cointelegraph.com/news/california-dfpi-nexo-fine-crypto-backed-loans-risky?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)