Nexo faces lawsuit for liquidating $5M in client collateral amid XRP delisting

Dato · 04-06-2021, 10:42 AM

Nexo faces lawsuit for liquidating $5M in client collateral amid XRP delisting

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDQvMWIzOWYzODctNzc3NC00ODdiLTgwZWYtYzgzM2Q1ODc2Y2IwLmpwZw==.jpg"></p><p>Crypto lending platform Nexo has been accused causing $5 million worth of client liquidations after suspending the use of XRP as collateral without warning in December. </p>

https://cointelegraph.com/news/nexo-face...istingKind Regards R

Possibly Related Threads…
Thread		Author	Replies	Views	Last Post
	‘XRP is not a security. Period’ — Crypto lawyers on Ripple’s case amid SEC a	Dato	0	117	08-11-2023, 12:44 PM Last Post: Dato
	FTX's Debtors Battle for Asset Control amid Restructuring Plans	Andy	0	191	08-11-2023, 06:35 AM Last Post: Andy
	Alex Mashinsky faces electronic monitoring while on bail, judge signs off on protect	Dato	0	120	08-11-2023, 06:35 AM Last Post: Dato
	Digital Currency Group files motion to dismiss Gemini lawsuit, claiming it’s a PR	Dato	0	111	08-11-2023, 06:35 AM Last Post: Dato
	OpenAI launches web crawler 'GPTBot' amid plans for next model: GPT-5	Dato	0	103	08-08-2023, 10:42 AM Last Post: Dato