Nexo Finance Accused of Being Behind Zeus Capital and Chainlink Short
Twitter users accuse Nexo Finance of being behind Zeus Capital, the firm who wanted to short Chainlink.
Nexo Finance has been accused of being behind the suspicious asset management firm that sought to short Chainlink (LINK) after social media users saw Zeus Capitalâ€™s source code pointing to its website.Â
Twitter users found a connection between Zeus Capital, who days ago called Link â€œcryptoâ€™s Wirecard,â€� and Nexo Finance on the Zeus Capital website. Embedded within the Zeus website source code were several instances of Typeform links connected to Nexoâ€™s website. Typeform, which lets users create forms, is also used by Nexo on its own site to let users sign up for their newsletter.Â
Another Twitter user, TheLinkMarine1, claimed Nexoâ€™s head of digital asset research Simeon Rusanov was involved in shorting LINK. This has been strongly denied by Nexo on its Telegram channel.Â Â
Zeus Capital released a report announcing it will short LINK with a target of 99% gains. The report, however, featured no citations and no working links. Analysts believed the report was authored maliciously. Cointelegraph attempted to contact Zeus Capital but its phone number in London was disconnected and its Hong Kong office diverted to voicemail.Â
In its Telegram channel, Nexo said the accusations that itâ€™s behind Zeus Capital is â€œa cheap attempt at Chainlinkâ€™s and Nexoâ€™s joint efforts and good work.â€�
â€œNexo had nothing to do with this and its author is trying to insinuate such a connection through false flag stuff that Nexo is somehow involved. The most probable explanation is that we are Chainlinkâ€™s mosy recent partnership, we have staff who are well versed on the Chainlink subject, and because our OTC desks deals in LINK.â€�
The company admitted the Typeform link is indeed theirs but noted the same link has been used by its team for different marketing purposes and can be easily accessed by anyone and copied. Nexo also asked people to stop harassing Rusanov.
LINK surged 370% year-to-date and is now the ninth-largest crypto by market cap though some critics argue its strong increase may be a speculative bubble and a correction may be coming.
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