Case summary
What happened
Nexo offered an Earn Interest Product to customers. In January 2023, the SEC announced that Nexo agreed to cease offering and selling the product to U.S. investors and pay penalties, following Nexo's earlier announcement that it would phase out U.S. products and services. Nexo later returned to the U.S. market with a different structure, so this record tracks the original Earn Interest Product regulatory path rather than a full platform collapse.
Customer result
Customer outcome
Not applicable
Nexo Earn Interest Product is tracked as a U.S. regulatory product-change record. It is not a customer insolvency or bankruptcy-recovery case.
- Estimated recovery
- Not applicable
- Repayment started
- —
- Repayment completed
- —
- Confidence
- High
Asset treatment
Terms risk
Varies by product
Use product-dependent classification because this is a regulatory interest-product record, not a platform bankruptcy case.
- Affected product
- Nexo Earn Interest Product
- Confidence
- Medium
Nexo Earn customer treatment varies by product terms, asset, jurisdiction, and regulatory period rather than a single insolvency claim process.
Known unknowns
Uncertainty
This record is product-specific and jurisdiction-specific. It should not be read as a full shutdown of Nexo or as a claim about identical terms across all countries.
Chronology
Historical record
Nexo Earn Interest Product operates
Nexo operated a crypto interest product that allowed customers to earn yield on supported digital assets.
Launch year is approximate and should be refined with archived first-party product pages.
Nexo announces U.S. product phase-out
Nexo announced that it would phase out products and services in the United States, including the Earn Interest Product for U.S. customers.
U.S.-specific product phase-out, not a full global platform shutdown.
SEC announces Nexo Earn settlement
The SEC announced that Nexo agreed to stop offering and selling its Earn Interest Product to U.S. investors and pay a $45 million settlement.
Core regulatory product-change event.
Nexo announces return to the United States
Nexo announced plans to return to the U.S. market, making this a product-transition and regulatory-history record rather than a simple permanent shutdown case.
Later market-return event; exact product availability and terms should be checked separately.
Source record
Evidence dossier
Filter by claim, reliability, source type, and whether evidence is linked to a specific event.
Entity
1 sourcesNexo Earn product page
Nexo
Official product page for current product identity and URL history.
Event
4 sourcesSEC charges Nexo with failing to register the offer and sale of its retail crypto asset lending product
U.S. Securities and Exchange Commission · 2023-01-19
Primary regulatory source for the Nexo Earn Interest Product settlement.
Crypto lender Nexo settles with U.S. regulators for $45 million
Reuters · 2023-01-19
Reuters coverage supporting settlement amount and U.S. regulatory context.
Nexo announces gradual departure from the United States
Nexo · 2022-12-05
Official source for the U.S. product phase-out context.
Nexo announces return to the United States
Nexo · 2025-04-28
Official source for later U.S. market-return context.
No evidence records match the current filters.
Comparative records