Offshore routing and data refusal don’t shield financial platforms, they signal risk. Regulators treat evasion, contradictory statements, and shell detours as evidence of obstruction and potential misconduct, increasing rather than reducing liability.
Switzerland’s legacy reputation for financial integrity masks serious investor-protection gaps. FINMA’s permissive stance toward cross-border entities, opaque rulings, and innovation rhetoric leave harmed investors without meaningful recourse.
FINMA claims to provide guard rails for financial innovation. But when innovation creates new ways to harm investors, those guard rails collapse into a smoke screen — and harmed users are dismissed as collateral damage.
InvestorJustice.org warns investors to avoid Nexo. Evidence shows misuse of APR, refusal of lawful records requests, jurisdictional evasion, and deletion of key Terms of Service clauses, leaving investors, especially seniors, without accountability.
Nexo markets itself as a seamless global platform, but its web of entities across Switzerland, the Cayman Islands, and the U.S. creates an accountability gap. InvestorJustice.org shows how deleted Terms of Service clauses stripped investors of Swiss remedies amid legal pressure.
In October 2024, I exercised my right under Swiss data law to request my Nexo account records. Instead of complying, Nexo counsel demanded an irregular Power of Attorney and ultimately refused. This story shows how jurisdictional evasion leaves investors without accountability.
Nexo AG uses a Cayman shell and Swiss branding to shield itself from investor accountability. But the deeper failure is FINMA’s silence — a regulatory choice that puts Swiss credibility at risk.
A retirement-age U.S. investor calls on FINMA to uphold its cross-border regulatory duty under the SEC–FINMA Memorandum of Understanding following unlawful financial harm tied to Nexo AG.
Strict procedural formalism can be exploited to delay, deny, or exhaust vulnerable claimants—especially elderly investors. This article exposes how legal tools meant to ensure fairness are turned against those least equipped to withstand delay.
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