Nexo Says It’s Nothing Like Celsius and Other Crypto Lenders. Here's What the Da

[Triedboy]

While Nexo fights to clear its name, some of the lender's largest wallets, including what Nansen says is its corporate treasury, show a $838 million balance.The ongoing liquidity issues at crypto lenders BlockFi, Celsius, and Voyager Digital have put other crypto lenders in the hot seat, with some rushing to assure clients that their funds are safe.

But Nexo, which points to its real-time attestations from accounting firm Armanino as proof that it hasn’t gone the way of its competitors, has also had to contend with a Twitter user who claims its co-founder Kosta Kantchev embezzled funds from a charity to build “a palace the size of a high school.more information