Investors claim crypto lender Nexo blocked their withdrawals
A family of investing entrepreneurs are suing Nexo for preventing them from withdrawing their funds and claim they were intimidated into selling crypto assets back to the lender at a…
Just-In: Crypto Giant Nexo Sued For Blocking $126M User Funds
According to a recent report, a group of investors is suing crypto lender Nexo in the London High Court on the grounds that the crypto firm prevented them from withdrawing…
Investors Sue Nexo For Blocking $126 Million in Deposits
A family of fintech entrepreneurs claims that the crypto lender froze their accounts and forced them to sell their assets back at a 60% discount.
Investors drag Nexo to court over account issues
Nexo has been dragged to court by a family of investors over the platform’s failure to sanction their withdrawals. According to reports, the group of Fintech entrepreneurs claimed that the…
Nexo Announces Non-Custodial Wallet Dubbed ‘The Nexo Wallet’
The Nexo Wallet has been designed to let users maintain their identity profile ownership.
Nexo set to launch their own non-custodial smart wallet
Nexo is set to launch its own multifunctional, non-custodial, EVM-compatible smart wallet dubbed ‘The Nexo Wallet.’ This self-governed wallet will also function as an identity wallet, allowing users to use…
Nexo had offered BlockFi an $850 million deal to potentially acquire it
Nexo had offered rival BlockFi an $850 million deal in July when the latter firm was struggling financially and had signed a non-final deal with FTX, according to a proposal…
Nexo says ‘real time audit’ error caused by technical malfunction, will be fixed soon
Nexo responded to rumors of insolvency that sprang up on November 16 after its website stopped displaying the real-time audit of its assets versus liabilities and said the attestation would…
Nexo resolves real-time audit outage laying insolvency rumors to rest
Nexo announced that it has resolved the bug that stopped displaying the real-time audit of its assets and liabilities. The post Nexo resolves real-time audit outage laying insolvency rumors to…
Nexo allays customers’ fears as FTX’s death spiral claims more victims
The crypto-lending platform has assured customers that their funds are safe after Genesis’ Crypto-Lending Unit Halted Customer Withdrawals in the wake of the FTX Collapse. The company made this announcement…
