Crypto Lender Nexo Sues Former Director Over $7.9M Trading Loss: Report

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

HDR Global, which is the parent company of BitMEX, asked the High Court to determine who owned the account after Shulev left as a director at Nexo in 2019. As a part of the agreement, Shulev and Nexo were supposed to inform HDR once Nexo gained control of the account; Nexo claims that Shulev is now refusing to do this.

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