In a recent blog post, Nexo Responded to the “ridiculous allegations” imposed on it as an “obvious lie and smear campaign.”
The lending and borrowing platform has asked readers to ignore fake news and continue to provide information during these difficult times.
Shortsellers trying to make a profit on “fake news”
Nexo He claims to be a victim of the Smear Campaign on an anonymous Twitter account and intends to make a profit on short-selling in a “poor market.”
“Some anonymous Twitter accounts are using lies and distortions in yet another defamation campaign against Nexo, benefiting from short positions in a predicament market.”
In supporting the claim, Nexo presented a “typical formula” of fake news to educate readers on what to look out for.
According to Nexo, this method begins with the “immeasurable” claim of manipulating the reader to abandon the logic, while at the same time gaining sensational online followers.
Nexo mentioned several anonymous Twitter account attacks, but picked them out. @otterooooIn particular, a tweet blaming the founder of the company for sucking money from a charity.
NEXO FOUNDER & FAMILY SIPHONED FUNDS FROM CHARITY FOR SICK KIDS, USED ONATIONS AS PERSONAL SLUSH FUND, EVEN BALE A PALACE FOR THE SIC KIDS
Evidence fully presented by the following otters
Not Bueno!
🦦👇🏼🧵🦦
— Otterouo (@otteroooo) June 26, 2022
To undermine the credibility of the whistleblower, Nexo presented a screenshot of a conversation where @otteroooo demanded US $ 50,000 to sell a Twitter account.
In addition, allegations of sucking money from a Bulgarian children’s charity associated with a man called Constantine Krustef. The co-founder of Nexo is Kosta Kantchev, a completely different person.
Other techniques Nexo mentions include “decorating claims” with intriguing but irrelevant information, associating with government agencies, censoring comments and controlling the story, and with noble intent. Includes pretending to be.
The post is a proceeding to benefit from fallout and was approved by calling on readers to make decisions in distinguishing between real and fake news.
“In all the turmoil, it can be difficult to tell what is remarkable and what is trying to make a financial profit from it.”
@otteroooo remains rebellious and calls Nexo’s “Bulgarian Mafia Trick” a “cute” attempt to silence him. He claims that the discussion of buying a Twitter account was an attempt to silence him and undermine his reputation.
NEXO’s failed trick to silence otters
Nexo Bulgarian Mafia tricks are cute
The thread shows how the otter trolled the suspicious Nexoalt account.
The otter knew that it was set up to buy an account to silence the otter
Come see how they are trying to accusate otters
Get information about Nexo posts
🦦🧵
— Otterouo (@otteroooo) June 27, 2022
Nexo claims it is a solvent
Fallout from Crypto Winter has several platforms under pressure. However, Nexo claims that its prudent approach and rigorous risk management strategy have made it well-positioned during this difficult time.
In the midst of the Three Arrows Capital (3AC) disaster, Nexo tweeted that it happened. Zero exposure To the company. Two years ago, Nexo said it rejected an unsecured credit line from 3AC. This is because they discovered that they were just an intermediary for the transaction.
Two years ago, we rejected the request for 3AC unsecured credit. I found out that they got it elsewhere.
It is now clear that Nexo’s approach was correct. This is why our assets exceed our liabilities:https://t.co/nKmWs2ckte
— Nexo (@Nexo) June 15, 2022
