‘Smear campaign’: Nexo responds to accusations of stealing donations, siphoning funds from charity

2022.06.27 16:46

‘Smear campaign’: Nexo responds to accusations of stealing donations, siphoning funds from charity

Cryptocurrency lending platform Nexo has hit back at what it called “fake news” and rumors that its founders were part of a charity embezzlement scandal, saying the claims are untrue and defamatory. It has issued a public cease and desist notice to the originator of the allegations.

In a blog post about the claims, Nexo stated:

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