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news-imageNovember 21, 2022

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 over $126 million in cryptocurrency. The three investors, cousin Shane Morton, and brothers Jason and Owen Morton,  claim that Nexo froze their accounts when they The post Just-In: Crypto Giant Nexo Sued For Blocking $126M User Funds appeared first on CoinGape.
Publisher: Coingape
Sentiment: Negative
NEXO

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Negative
cover-imageInvezz
March 8, 2025

LATAM crypto update: Colombia plans crypto regulations, Nexo and Sphere to reduce cross-border payment times

LATAM's cryptocurrency landscape continues to grow. This week, a key development was Colombia's new initiative to regulate crypto activities in response to increasing risks and challenges. Meanwhile, Nexo and Sphere partnered to significantly reduce cross-border payment settlement times in Latin America, cutting them from days to just hours.

Positive
cover-imageCrypto Economy
December 23, 2024

Nexo's ETF Proposal Blends Bitcoin Growth with Carbon Sustainability

TL;DR Nexo, in collaboration with 7RCC Global, has proposed the world's first ESG-focused Bitcoin ETF, blending Bitcoin's growth potential with environmentally sustainable investment practices. The Nexo 7RCC ETF will allocate 80% of its portfolio to Bitcoin and 20% to Carbon Credit Futures, ensuring adaptability to regulatory changes while fostering sustainable investment practices.

Positive
cover-imageInvezz
December 23, 2024

Nexo introduces AI-driven news digest to enhance user decision-making

Nexo, a leading digital asset platform, has announced the launch of its AI-powered daily news feed, aiming to revolutionize how users stay informed about the cryptocurrency market. This latest innovation underscores Nexo's ongoing efforts to integrate advanced artificial intelligence (AI) into its services, offering users enhanced tools for wealth management and risk assessment.

Positive
cover-imageBitcoin
September 5, 2024

Nexo Reopens UK Registrations With Enhanced User Protections

Nexo, a crypto lending platform known for offering instant crypto-backed loans and high-yield interest accounts, has resumed new user registrations in the United Kingdom after a 10-month hiatus, implementing enhanced user protections to comply with the Financial Conduct Authority (FCA) guidelines.

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