I had over $123K on Nexo, holding NEXO tokens, with Platinum status and part of their Private Clients program that even gave me a portfolio boost x2.
On October 10, 2025, around 23:00 CET, the Nexo app just stopped working. I couldn’t add USDT, swap, or access anything. I was online the whole time, and my screen-time proves I was in the app the entire time it froze.
Then, at 23:12, I got an email saying my LTV changed to 76.92 percent. Eight minutes later, another one says my collateral was fully liquidated.
By the time I got back into the app at 00:26, everything was gone. All 123,000 dollars of my assets were gone.
This wasn’t a glitch. This was me losing my entire portfolio while trying to protect it.
Coinfomania reported back in April that Nexo had already been accused of 10 million dollars in unfair liquidations. Users got only two emails before liquidation, and the app wasn’t even working properly then.
Nexo is registered in the Cayman Islands, ignoring EU and US courts, even lawyers’ letters from clients. And Antoni Trenchev? Where is he? Does he even see what’s happening?
Unlike Binance, which actually compensates users when their systems fail, Nexo stayed silent. They didn’t liquidate me, they just took 123,000 dollars while their app was down.
I’ve heard from so many others with the same story. Same pattern, same silence. We need to come together, organize, and actually do something, because Nexo is ignoring all of us.
submitted by /u/HornyIdiot99
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