crypto lender plausibly violated UCL via unlawfulness and deceptiveness
43(B)log
AUGUST 25, 2022
The false advertising parts: Jeong alleged that Nexo advertised to consumers that it does not own users’ collateral (e.g., Clients retain 100% ownership of their digital assets. while acting otherwise—eventually invoking its ownership right over users’ collateral to justify liquidation of that collateral (e.g.
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