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.
NEXO FOUNDER & FAMILY SIPHONED FUNDS FROM CHARITY FOR SICK KIDS, USED DONATIONS AS PERSONAL SLUSH FUND, EVEN BUILT A PALACE FOR THEMSELVES
Evidences presented in full by otter below
no bueno!
🦦 👇🏼 🧵 🦦
— otteroooo (@otteroooo) June 26, 2022
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.
