Crypto Lender Nexo became a target of an online expose after a series of allegations emerged accusing the firm of misappropriating charity donations.
Denying the claims calling it ludicrous and defamatory, the lending platform shot out a cease and a desist notice to the anon accuser who goes by the name of Otteroooo.
Nexo also released a blog post addressing the same. In the post, the lending firm slammed the attack calling it “another smear campaign against the firm and profiting from short positions in a distressed market”.
It then offered a rebuttal to one of Otteroooo’s sensational charges that the founder of the charity HelpKarma Constantine Krastev and co-founder of Nexo “Konsta Kanchev” is the same person who is embezzling funds from donations to help build a palace instead of using the money for children’s medical treatments.
Nexo responded by saying that a “Konsta Kanchev” doesn’t exist and Otter purposely made the name “to mimic a typo as an excuse to fact-checkers” by confusing two separate people, HelpKarma founder Constantine Krastev and its own co-founder Kosta Kantchev, as the same.
It also posted screenshots of chat logs sent to Nexo by a person who attempted to buy Otteroooo’s account which the latter was apparently looking to sell his profile ‘for the right price.’
But on a June 26 Twitter thread posted by Otter, they countered the allegation by calling the messages to be a “set up” to force them into being silent.
Nexo Says This Isn’t The First Time
Two years back, the firm wrote that there was “a coordinated attack, using the same tactics as the present one – fabrication of lies, distortion of facts, and a massive social media campaign by anonymous trolls to link Nexo to the now infamous Zeus Capital report.”
An elaborate conspiracy theory was created to smear us and an intensive online harassing campaign against a researcher of ours, leaving the employee seriously traumatized.
Nexo concluded by saying that it would not only back down, but emerged stronger, and grow twenty-fold in size, assets, and reach. “We have done so before, we will do so again,” it added.