PART 2: Bitcoin 'Crypto Lender' NEXO Mass Sending Legal Threats To Their Users, Nice
FULCRUM News - USA and Global Top News Updates
English - April 22, 2020 14:56 - 23.7 MB - ★★★★★ - 83 ratingsDaily News News Business News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Wow. Never go full Antoni Trenchev. Users were sent “offer letters” in the days after the platform’s March 12-13 mass liquidation of users, in some cases without proper notice or user consent, it appears based on emails, screenshots, and other materials sent to FULCRUM:
Email to a NEXO user impacted by last month’s liquidation.
Email to a NEXO user impacted by last month’s liquidation.
Before receiving any “reacquired” funds, however, NEXO’s Trenchev forced users to sign a ridiculous legal document — which imposes a 50,000 British pound (about US$61,000) fine upon the user for each time NEXO finds they have criticized or negatively mentioned NEXO on social media. Incredible:
NEXO “Non-disparagement agreement” page 1 of 2
NEXO “Non-disparagement agreement” page 2 of 2
NEXO’s original claim of being SEC “compliant” — screenshot of their claim above — was recently removed from their website and promotional materials.