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  • Report:  #1508663

Complaint Review: Nexo Financial LLC - hawthorne ca

Reported By:
randy - United States
Submitted:
Updated:

Nexo Financial LLC
3501 JACK NORTHROP AVE OFFICE AHT628 hawthorne, 90250 ca, United States
Web:
nexo.io
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The House Always Wins

At face value, Nexo seems like a good idea. Easy loans, good interest. BUT -- beware. Their terms change on a whim, and you're just never sure of what you're going to get - or not get. I don't know of any business -- financial or otherwise -- that plays their cards like this, and there is always a ready Joker in their hand. I made the decision to take my funds out of Nexo once I saw how they handled the recent XRP liquidations -- and I believe there is a class action lawsuit pending from what I see on Twitter and Youtube (look it up).

From what I gather, the people affected were not given the crucial information that they needed to save their coins -- NOR any notice of the major Sell-Offs that rolled on. Above all, in finances, I value transparency first -- and this is not a company I care to do business with going forward. Just leaves a bad taste. And what is 8% interest worth -- if you lose sleep over when the terms will flip and how it will affect you and your precious crypto? No thanks, Nexo. Celsius, here I come.



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