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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.Crypto lending company Nexo Capital will pay a $500,000 to California’s financial regulator o...

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Sky

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

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