February 05, 2026
Crypto lender Nexo Capital Inc. must face a customer's suit accusing the firm of misleading him about fees and causing him millions of dollars in losses through forced liquidations of his crypto assets, a California magistrate judge determined, saying that several of the plaintiff's claims have been sufficiently asserted in the pleading stage.
June 26, 2024
A California federal judge has again dismissed crypto lender Nexo Capital's affiliates from an amended suit over claims they fraudulently induced customers to take out risky loans, but found the new suit plausibly alleges Nexo distributed a nonexempt, unregistered security.
October 11, 2023
A California federal judge has trimmed a suit brought against Nexo Capital Inc. by an investor who claims the crypto lender fraudulently induced him, through various misrepresentations, to take out risky loans that were ultimately liquidated by Nexo, causing him damages.