NY, CA, and several other states take action against crypto lender Nexo, from sending cease and desists to suing, with interest-bearing accounts a main focus (Michael McSweeney/The Block)

Michael McSweeney / The Block:
NY, CA, and several other states take action against crypto lender Nexo, from sending cease and desists to suing, with interest-bearing accounts a main focus  —  A group of U.S. state regulators announced an array of legal actions against crypto lender Nexo on Monday.