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Nexo to pay $500K fine to California regulator over ‘risky loans’

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Nexo to pay $500K fine to California regulator over ‘risky loans’
« on: January 16, 2026, 07:29:22 PM »
Nexo to pay $500K fine to California regulator over ‘risky loans’

Nexo to pay $500K fine to California regulator over ‘risky loans’

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’
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