Crypto lendingDecember 6, 2022
Nexus Mutual Hit With $3M Loss Due To Orthogonal Trading's $36M Loan Default
Nexus Mutual is facing a $3 million loss due to Orthogonal Trading’s loan default. This accounts for about 1.5% to 2.6% of the company’s assets. Nexus has initiated actions to recover available funds in the M11 pool.