Reportedly, Nexo is being sued in the London High Court by a group of investors. These investors alleged that Nexo blocked them from withdrawing over 107 Million pounds (~$126 Million) of crypto in 2020-21.
Nexo said that the claim was “opportunistic,” and also added in its blog post that was published on its official site on November 11, 2022, titled “On the claim made by the Mortons in the High Court in England.”
In its official blog, Nexo added that “In October 2022, Nexo acknowledged service of a claim made by the Mortons confirming that it will be defending the claim in full through its solicitors, Eversheds Sutherland.”
Although Nexo mentioned that it appreciates that lawsuits will always be brought against successful companies.
The platform considers that the claim has been brought opportunistically, some time after the events in question took place during 2020 through to March 2021. The firm then considered the matter closed, and was disappointed to see it re-emer
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