Tag Archives: fines

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 →

California Public Utilities Commission’s Independent Watchdog Recommends $166 Million Fine Against Pacific Gas & Electric (R 18-12-005)

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By Tristan Stidham On October 30, 2020, the Public Advocate’s Office (PAO), the consumer protection watchdog of the California Public Utilities Commission (CPUC), recommended a $166 million fine against Pacific Gas & Electric (PG&E) for failing to warn customers of Continue reading →