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Nexo, Crypto Lender on Prowl for Ailing Rivals, Faces Declining Deposits

An analysis of crypto lender Nexo's attestations, including older data retrieved using the Wayback Machine, reveals just how much its deposits have declined in recent months.

Updated May 11, 2023, 5:10 p.m. Published Jul 22, 2022, 2:23 p.m.
Nexo co-founder Antoni Trenchev (Shutterstock/Coindesk)
Nexo co-founder Antoni Trenchev (Shutterstock/Coindesk)