I had over $ 123,000 on Nexo, holding NEXO tokens, Platinum status, and was part of their Private Clients program with a portfolio boost of x2.
On October 10, 2025, around 23:00 CET, the Nexo app stopped working completely. I couldn’t add USDT, swap, or access anything. I was online, and I have screen-time proof showing I was inside the app while it was frozen.
At 23:12 CET, I received an email: “Your LTV has changed to 76.92 %.”
At 23:20 CET, another one arrived: “Your collateral has been fully liquidated.”
When I finally got back into the app at 00:26 CET, everything was gone, they had taken $123,000 worth of my assets. The app didn’t just fail, it cost me my entire portfolio while I was online trying to protect it. According to Coinfomania, published on April 26, 2025, Nexo had already been accused of $10 million in unfair liquidations, where users received only two email alerts before the liquidation, and the app wasn’t functioning at the time either.
Nexo is registered in the Cayman Islands, ignoring EU and U.S. courts and even lawyer letters from affected clients.
And where is Antoni Trenchev in all this? Does he see what’s happening and silently approve it? Unlike Binance, which compensated users after system failures, Nexo stayed silent.
They didn’t “liquidate” me, they took $123,000 while their own app was down which is their servers fault. A lot of people have already reached out to me with similar stories — same pattern, same silence from Nexo. We all need to come together, organize, and solve this collectively, because Nexo isn’t answering anyone.
Do you have any advice on what to do in this case? This was my life-saving. Any advice is welcome.
#Nexo #CryptoScam #DeFi #NexoDown #CryptoJustice
submitted by /u/Zvrnzvrn
[link] [comments]
Join The SmashBotAI Telegram Community Now! Get trade alerts, smashable token trade ideas, and more!
https://t.me/smashbotcommunity
Start Trading Now:
SmashBotAI Telegram Bot