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/biz/ - Business & Finance

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File: 142 KB, 908x908, Nexo_logo_jpeg.jpg [View same] [iqdb] [saucenao] [google]
49570258 No.49570258 [Reply] [Original]

Sup?

>> No.49570699
File: 262 KB, 2048x1157, Nexo shorting scheme.jpg [View same] [iqdb] [saucenao] [google]
49570699

>>49570258
This is really funny in an unexpected way.
I thought they would be the one going bankrupt first and it turns out Celsius with their lower rates will manage to rug pull them too.
It will be fun to see the bulgarian scammers go bankrupt!

>> No.49570753
File: 370 KB, 719x986, Nexo rug pull.jpg [View same] [iqdb] [saucenao] [google]
49570753

>>49570258
It should have happened sooner to them knowing their tactics.

>> No.49570812
File: 473 KB, 2048x1152, Nexo short 2021.png [View same] [iqdb] [saucenao] [google]
49570812

>>49570258
It's an interesting form of karma to see what they did to other coins happen to them.

>> No.49571028

Anyone care to provide a summary?
I got some money on that exchange. Should I be worried?

>> No.49571032

>>49570699
this

>> No.49571125

based fuck nexo

>> No.49571192
File: 1.77 MB, 3608x2524, Simeon fraud exposed.jpg [View same] [iqdb] [saucenao] [google]
49571192

>>49571028
They are known corrupt scammers.
Nexo promised to an an internal audit after their shorting scheme got exposed and never made one to protect Simeon who was working for them and not a rogue element as they pretended.

>> No.49571219
File: 470 KB, 1940x1618, Simeone dimitrov scam.jpg [View same] [iqdb] [saucenao] [google]
49571219

>>49571028
Not your keys not your coins.
They have a legal disclaimer saying that they offer no guarantees on your deposits and may lose them all.

>> No.49571260

>>49570258
We next?

>> No.49571267
File: 963 KB, 1368x1824, Nexo scam 2021.png [View same] [iqdb] [saucenao] [google]
49571267

Nexo shorting scheme of Chainlink in 2021
They short your tokens and make their price go down until you capitulate and sell and they make a lot of profits like this.

>> No.49571286
File: 667 KB, 918x1049, Nexo scam 2021 2.png [View same] [iqdb] [saucenao] [google]
49571286

Part 2

>> No.49571321
File: 684 KB, 2560x1440, Nexo scam 2021 3.png [View same] [iqdb] [saucenao] [google]
49571321

Part 3

>> No.49571356
File: 809 KB, 2560x1440, Nexo scam 2021 4.png [View same] [iqdb] [saucenao] [google]
49571356

Part 4

>> No.49571381

>>49571028
I'd be worried about any centeralized exchange at this point. They're always danger but at least in an uptrend they can get away with their ponzi scheme. The best time to take out of one of these (if you need to use one at all) is after the top which was like a year ago.

>> No.49571384

>>49571267
>>49571286
>>49571321
>>49571356
based dumper thank you king

>> No.49571407

It would be good for this space if they finally went bankrupt and were prevented from stealing from their customers.

>> No.49571445

>>49571384
Karma is a bitch and they are going to learn that there is a price to pay for shitting up this board and attacking Chainlink and the Link marines.

If you have more of these you can upload them to this thread and I will save them for future use if needed.

>> No.49571551

>>49571445
from memory i think i saved the same set. will bump your thread if needed godspeed

>> No.49571858

Not sure what this is about but f link an f nexo FUD go back to yield farming.

>> No.49572216

bumperino

>> No.49572668

Bump
The board is really fast today.

>>49571551
Thanks

>> No.49573008

Thanks for the reminder, Anons
With the CEL shit scandal, i am pulling my BTC out.
Sux because i was a burger grandfathered in.

>> No.49573044

>>49571028
no, you shouldn't be worried.
The same type of company you're in but American just went bust so the one in Bulgaria should be totally above board.

>> No.49573061

>>49572668

Is blockfi next too?

>> No.49573081

>>49571028
Put your coins in Celsius, they have much better APR.

>> No.49573084

>>49571381

Thats what i think too. CEX are not to be trusted anymore. Defi is the future.

>> No.49573281

>>49573061
There is always a possibility.
Their rates are the same as Nexo meaning they may lend them their tokens for the same return.
There may survive this as they are smaller and not too big to fail, which means they could be less degenerate to make high returns with a smaller size.
The size limit on their interest account would be to reduce this risk and need for more degen risks.

>> No.49573346

>>49573061
Ah sorry I mixed it with another platform.
BlockFi have very low rates if you have a lot of money on their platforms making them worthless to earn interest.
The only time they offered interest on LINK was when they used it to short LINK with their customer's asset making insane returns for less than 1% of interest paid in those 4 months when the interest was high...

They deserve the same fate as Nexo for this.
If there had not been the scam campaign to make LINK holders keep their bags promising them interest some would have sold a bit at a higher price to save some returns instead.
Doing this instead rug pulled the LINK marines and I will never trust them again.
They are as corrupt as Nexo.