Part 7: NEXO May Have Scammed $10m+ of Bitcoin and Ether From Users Last Month
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English - April 30, 2020 01:29 - ★★★★★ - 83 ratingsDaily News News Business News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Part 7 of 100 of our livestream commitment to outing last month’s NEXO platform failure and its founder Antoni Trenchev’s silence, who has not been heard from publicly since April 7th on Twitter. Coinfomania has reported the failure may have cost users $10 million or more worth of their Bitcoin and Ether deposits, among other leading cryptos stored as collateral on NEXO. As FULCRUM News was among the users affected by their March 12/13 overnight mass liquidation, we have an interest in seeing this all brought to light.
Is NEXO an exit scam and intentional heist of the crypto community? Or only a poorly run, not properly licensed Bulgarian lender? Either way — concerns are being raised and we will continue to follow developments.
🚨 $NEXO Scam Exposal Part 7 now live! #cryptoscam #bitcoin #bitcoinhalving #ethereum https://t.co/jdKVpnOpHI
— David Seaman Online (@davidseamanweb) April 29, 2020Although contacting us should NOT be considered a replacement or substitute for contacting law enforcement, regulators, or seeking legal counsel — if you have documents or account screenshots showing wrongdoing or failure on the part of NEXO, and you would like our investigative journalism team to review them, you can always contact us with those documents or other supporting data. Please put “NEXO Investigation” in your subject line.
Our prior coverage of the NEXO March 12/13 mass liquidation:
Bitcoin Users Angry With NEXO Over Last Month's Liquidation
NEXO's $10m+ Smash & Grab, Monday DC News Chat Over Espresso
Your Sunday NEXO Scam Updates! Thank YOU, Antoni Trenchev
Bitcoin Halving Next Month, NEXO 'Crypto Lender' Debacle Widens
Bitcoin 'Crypto Lender' NEXO Mass Sending Legal Threats To Their Users, Nice
Disgraced Bitcoin Lender NEXO's 'Managing Director' Calls FULCRUM Founder
More Details On NEXO Crypto Scam, Coronavirus Headlines