Crypto-Backed Lender NEXO: Legit Or Scam?

May 4th 2020 1:37am EDT

A collection of our prior coverage on NEXO can be found here. Our investigation into popular crypto-backed lender NEXO, which uses bitcoin, ether, XRP and other major cryptocurrencies as “collateral” in order to extend nearly instant fiat-denominated loans to its customers. However, after an unexpected mass liquidation of many of their users earlier this year […]

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