Unlike many crypto players who took to the water and swept away in their shipwreck the customers who had trusted them, the German crypto-bank Nuri is an exception. Fallen certainly, but in the field of honor, because while it is declared bankrupt, it invites users to be able to withdraw their funds before its final closure.
Crypto-bank Nuri thinks about its clients’ funds
Digital asset platform Nuri, ex Bitwala, does it right. While it filed for insolvency earlier in the year, and has not found a buyer, it gives users the option of withdrawing their funds until December 18, 2022.
Customers have access to their funds and will be able to withdraw them in full until the above date. All assets in your Nuri account are safe and unaffected by Nuri’s insolvency. Trading will remain possible until 30/11/2022.
Kristina Walcker-Mayer, Managing Director of Nuri, in Press Release
This position contrasts with the management of the funds of the customers of the other platforms offering more or less the same services, custody and exchange of crypto and return on some of them, and which also suffered the pangs of a harsh crypto winter.
A position that contrasts positively with many other bankrupt companies
Well, not only the rigors of winter revealed deleterious practices that characterized many of them, who played a dangerous game with the assets entrusted to them. Of course we think in the first place to Celsius and its leaders, whose abuses as they are disclosed, continue to amaze and outrage. Especially since to cover their wrongdoing, they have found nothing better than to abandon the users of the platform by freezing access to their accounts. Unhappy users who were not at the end of their bad surprise, when they saw their names, first names and possession in crypto exposed to everyone’s eyes following the judicial liquidation procedure.
After them the deluge, such seemed to be the leitmotif of the leaders of Celsius according to the revelations which ended up convincing even a Sam Bankman-Fried, candidate for the takeover of the company, to give it up in the face of the scale of the disaster. . The option chosen was finally, as recommended by a pro-crypto regulator, to refuse to save structures with dubious practices.
By the way Celsius is no stranger to Nuri’s bankruptcy. It is in particular because of a partnership with the lender-deceiver as part of its Bitcoin offer of remunerated savings that the company found itself in difficulty.
Do not venture anyhow in the ecosystem, rely instead on a recognized and reliable player whose history speaks for him, register for example on the Bytbit exchange (commercial link).