Nexo


Finance

Crypto Lender Nexo Sued for Allegedly Blocking $126M Withdrawals in 2020-21

The claimants allege that Nexo froze their accounts in 2020-21 after they sought to remove their assets from the platform.

Crypto lender Nexo is being sued by three investors who allege the platform blocked their attempts to withdraw funds. (Nexo)

Markets

These Four Key Charts Shed Light on the FTX Exchange's Spectacular Collapse

Nansen’s on-chain metrics suggest several reasons why FTX decided to sell itself to Binance.

Obra de IA sobre el colapso. (DALL-E/CoinDesk)

Videos

California, New York Join 6 States Ordering Nexo to Halt Yield Product

California, New York and six other states are suing cryptocurrency lending platform Nexo for allegedly offering unregistered securities in the form of accounts that pay interest for cryptocurrency deposits, the states said in statements on Monday. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the developments.

Recent Videos

Finance

Crypto Lender Nexo Acquires Minority Stake in OCC-Regulated Summit National Bank

The deal will enable Nexo to open bank accounts with Summit National Bank, as well as enhancing its other products.

Antoni Trenchev Co-Founder Nexo (Shutterstock/Coindesk)

Policy

California, New York Join Several States Ordering Crypto Lender Nexo to Halt Yield Product

Seven states have ordered a halt to Nexo’s “Earn Interest Product” accounts, accusing the company of improperly offering unregistered securities.

Kalin Metodiev, co-founder and managing partner of Nexo (Shutterstock/CoinDesk)

Finance

Crypto Lender Nexo Introduces Spot and Margin Trading Platform

Nexo Pro will aggregate liquidity across market makers in an attempt to offer minimal slippage to its users.

Crypto trading platform Talos announced three new hires to senior roles. (Nicholas Cappello/Unsplash)

Finance

Controversial Crypto Lawyer Kyle Roche Pulls Out of Nexo, Binance.US, Solana and Dfinity Lawsuits

The new withdrawals come a day after Roche filed to withdraw from class-action lawsuits involving Tether, Bitfinex, TRON and BitMEX.

Crypto lawyer Kyle Roche has filed to withdraw from several class-action lawsuits against major crypto companies. (Mint Images RF/Getty Images)

Finance

Crypto Lender Nexo Allocates Additional $50M for Token Buyback Initiative

After purchasing its native tokens, Nexo will hold them in a vesting period for 12 months.

Antoni Trenchev Co-Founder Nexo (Shutterstock/Coindesk)

Finance

Crypto Lender Nexo Sues Former Director Over $7.9M Trading Loss: Report

Nexo was locked out of a BitMEX account connected to its former director, resulting in $7.9 million in losses.

Antoni Trenchev Co-Founder Nexo (Shutterstock/Coindesk)

Videos

From Decks to Partnerships: The Web3 VC Journey to Strategic Investing

Nexo's Head of Corporate Finance and Investments Tatiana Metodieva joins Nexo's Co-founder and Managing Partner Kalin Metodiev at Consensus to discuss the collision between venture capital and the Web3 space. Moderator: Dani Osorio, Partner, MetaWeb Ventures

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