Will KAVA be next?
https://www.theblockcrypto.com/linked/120972/new-york-joins-crackdown-on-crypto-lending-seemingly-targeting-nexo-and-celsius?utm_source=twitter&utm_medium=social
Both of these platforms are centralized custodians, not defi platforms. Also, that article is quite misleading as Nexo doesn't offer Earn or exchange services in NY.