/biz/ - Business & Finance

>>53234942
Attacking websites and archives of their crimes to try to remove proofs of their actions.

They tried to delete archives of their past lies.

>>50057424
Do you have a thread where this happened with more examples?
Reporting it to mods would allow us to clean out the jannies finally and remove all control CeFi still have on /biz/

Can you report your deleted pictures to the mods?

>>50031590
meant 4 million from Celsius not from Nexo

>>50031726
2 likely as in this case they didn't borrow from Aave.
This is a known business model for Nexo by the way to liquidate their users who use tokens as collateral.
This way they win by selling the token at a higher price and not having to buy it back for their customer later as this step would increase the price.
That's why removing liquidity without the price breaking the support is important and adds pressure to them as they can't liquidate their own users.

There is a group borrowing 4.5 million LINK from Aave who is using Okex to short LINK using ETH as collateral.
That group also tried to protect the stETH peg initially when this mess started making me think everything is connected.
You can see here the top holders of Aave debt bearing LINK which is the token created by someone who borrows LINK:
https://etherscan.io/token/0x0b8f12b1788BFdE65Aa1ca52E3e9F3Ba401be16D#balances

You can see that the top 8 wallets sold 4 million LINK in the past weeks through Okex and that they are using ETH as collateral.

>>50008436
Why do you need more?
Nexo accumulated so many bad actions in the past that they should have rnough to be sent to a prison for life.

>>50004713
>>50004978
Impressive magic trick!
Keep up the good work!

>>50004206
Only someone stealing from their customer working at Nexo would love this.
Certainly not their customers.

>>50002368
decided to screencap a translated version of the article, just in case

>>50002893
these guys are just like any other CeFi firm that will burn its users to make money, only they're doing it with crypto assets
it's unsurprising, it's not abnormal for financial management firms today, and it's clearly wrong, wrong, wrong. this has to end; they are eating depositors' lunch, and pretending to be depositors' friends at the same time.

glad you read; i hope some nexo users happen to read it, in addition to users of other CeFi and even DeFi platforms
these platforms have to make money somehow, and the way they choose to do it is oftentimes not in the interest of users