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Published 2 years ago

Users Panic as Nexo Withdraws 7,758.8 WBTC from MakerDAO

Summary by Ground News
There has been panic in the digital space amidst rumors of Nexo being insolvent due to the abrupt withdrawal of Wrapped Bitcoin. According to reports, approximately $151 million worth of WBTC was withdrawn on Friday from MakerDAO from the Nexo wallet. A Nexo spokesperson has highlighted that the withdrawn funds are still in the public space (Nexo wallet)

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