Nexo Prepares to Take Legal Action Against An Anonymous Twitter Account

Crypto loan firm Nexo has threatened an anonymous Twitter account with legal action.
 Nexo Prepares to Take Legal Action Against An Anonymous Twitter Account
READING NOW Nexo Prepares to Take Legal Action Against An Anonymous Twitter Account

Crypto loan firm Nexo has threatened an anonymous Twitter account with legal action.

An anonymous Twitter account named Otter shared a series of tweets claiming that the co-founders of leading crypto lending firm Nexo were stealing funds from a charity. The tweets received a lot of attention in the crypto community.

https://twitter.com/otteroooo/status/1540862675306967042

Upon the allegations, the company both wrote a warning about the account in question and published a blog post refuting the allegations.

The allegations came at a time when crypto lending companies were experiencing liquidity problems. As we mentioned before, while Celsius and Babel stop shooting; BlockFi received a $250 million loan from FTX.

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