Tag Archives: consent order

Department of Financial Protection and Innovation Takes Enforcement Action Against Crypto Lending Platform

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By Aparajita Pathak On January 14, 2026, the California Department of Financial Protection and Innovation (DPFI) fined Nexo Capital, a crypto lending platform, $500,000 in penalties for lending to California residents without a valid license. DFPI’s actions demonstrate an effort Continue reading →

Department of Financial Protection and Innovation Enters into a Consent Decree with The Firm Alternative LLC d/b/a DocuPrep Xpress on Student Loan Debt Relief

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By Maya Patel In re Commissioner of Financial Protection and Innovation v. The Firm Alternative LLC: On September 17, 2024, the California Department of Financial Protection and Innovation (DPFI) entered into a consent order with The Firm Alternative LLC d/b/a Continue reading →