Nexo

Nexo Sued for 'Unlawful' Liquidation of Clients' Collateral XRP Amid SEC's Ripple Lawsuit

Nexo Sued for ‘Illegal’ Liquidation of Shoppers’ Collateral XRP Amid SEC’s Ripple Lawsuit – Regulation Bitcoin Information

Crypto lending agency Nexo is dealing with a class-action lawsuit filed by an XRP investor for “unlawfully” suspending the usage of the cryptocurrency as collateral with out giving discover to shoppers and subsequently liquidating the tokens. This occurred following the lawsuit filed by the U.S. Securities and Change Fee (SEC) in opposition to Ripple and …

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Coinbase to Offer Bitcoin-Based Cash Loans of up to $20,000 Across 17 US States

Coinbase to Supply Bitcoin-Primarily based Money Loans of as much as $20,000 Throughout 17 US States

U.S. crypto alternate Coinbase will begin providing bitcoin-backed money loans to pick clients as early as subsequent month. Buyers can borrow as much as 30% of the bitcoin they maintain on the alternate, or a most $20,000, it mentioned. In a weblog put up on August 13, Coinbase unveiled its new crypto lending enterprise, which …

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