Crypto company Nexo returns to US three years after clash with regulators


FILE PHOTO: Representations of a cryptorurrency are seen in front of Nexo logo in this illustration taken, January 13, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

PARIS, Feb 16 (Reuters) - Crypto ⁠company Nexo has relaunched in the United States, it said on Monday, three years after ⁠leaving the country and paying a$45 million fine following clashes with regulators.

Co-founded by former ‌Bulgarian lawmaker Antoni Trenchev, Nexo paid the fine to settle charges brought by U.S. regulators over a crypto lending product, which the Securities and Exchange Commission said should have been registered as a security.

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