Nexo announces the date where the EARN program for US customers is set

Veröffentlicht:

Aktualisiert:

Von:

NEXO will be providing the provision of his EARN Interest product for US customers from April 1, 2023.

This is a direct result of the recent comparison of the company with the US supervisory authorities, in which it had to pay $ 45 million in fines.

  • remember the agreement that was hit between Nexo and the US stock exchange supervisory authority SEC and the NASAA, which have been completed "on a no-ad-no-deny basis and have completed all the multi-year examinations" of the crypto loan.
  • The company now announced that it will hire the EARN Interest Product for all US customers on April 1, 2023, including residents and citizens based in "50 US states and three territories".
  • Consequently, the lender advised the customer concerned to withdraw their assets "at a suitable time" up to this date. Nevertheless, the company's program will provide the promised interest rates by April 1st.
  • Apart from his problems with the US government, the crypto loan had its fair proportion of controversial business with the Bulgarian authorities.
  • Local prosecutors searched the Nexo office at the beginning of the year. Later, some of the country's political parties began to blame each other for the Nexo developments because the company's executives had donated to one of them.
  • Finally, the co-founder of the lender, Antoni Trenchev, threatened to sue the government to up to $ 1 billion for the reputation damage it causes.

.