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The growth and popularity of DeFi has been a major driving force in the cryptocurrency industry. New financial tools like yield farming and liquidity pools are helping crypto natives stuff their bags. But there is a darkside to all of this. Bad actors have taken advantage of some of these crypto systems and now their house of cards is falling apart. Today we’re talking about DeFi platform Nexo, which was founded in 2017 to offer financial services like high-yield savings accounts for cryptocurrencies, crypto-backed loans, and even debit cards. But Nexo has fallen apart and the police are raiding their offices. How did it get to that point and is anyone going to get their money back from Nexo?
Interested in Crypto Retirement Accounts? Check out iTrust Capital!
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BitSquad Tools:
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🔬 Research with Token Metrics
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⚙️ Lux Algo Trading Tool
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🛠 Market Cipher Trading Tool
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👕 Best Crypto MERCH
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By HIT Network4.1
219219 ratings
The growth and popularity of DeFi has been a major driving force in the cryptocurrency industry. New financial tools like yield farming and liquidity pools are helping crypto natives stuff their bags. But there is a darkside to all of this. Bad actors have taken advantage of some of these crypto systems and now their house of cards is falling apart. Today we’re talking about DeFi platform Nexo, which was founded in 2017 to offer financial services like high-yield savings accounts for cryptocurrencies, crypto-backed loans, and even debit cards. But Nexo has fallen apart and the police are raiding their offices. How did it get to that point and is anyone going to get their money back from Nexo?
Interested in Crypto Retirement Accounts? Check out iTrust Capital!
➡️ https://itrust.capital/Bitboy
💱 Use this link to trade with us on BitGet, an exchange that puts users and security first.
➡️ https://bitboycrypto.com/deal/bitget
NEW to crypto or NEW to the channel, join the BitSquad:
📚 Grab My Book ➡️ https://bitboycrypto.com/book/
📚 Learn more about crypto ➡️ https://bitlabacademy.com
📈 BitLab Trading Suite | Get access to the best trading indicators
➡️ https://bitlabacademy.com/indicators
Protect Your Crypto in Cold Storage:
💳 BC Vault Cold Wallet ➡️ https://bitboycrypto.com/deal/bcvault
💳 Ledger Cold Wallet ➡️ https://bitboycrypto.com/deal/ledger
💳 Trezor Cold Wallet ➡️ https://bitboycrypto.com/deal/trezor
BitSquad Tools:
🧾 Need crypto tax help? GET 10% off CoinLedger tax tracking services with code: BITBOY
➡️ https://bitboycrypto.com/deal/coinledger
🔬 Research with Token Metrics
➡️ https://bitboycrypto.com/deal/tokenmetrics
⚙️ Lux Algo Trading Tool
➡️ https://bitboycrypto.com/deal/luxalgo
🛠 Market Cipher Trading Tool
➡️ https://bitboycrypto.com/deal/marketcipher
👕 Best Crypto MERCH
➡️ https://www.hitmerch.com/

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