# NEXO price drops 40% in three days on rumors of ties to ‘insolvent’ crypto fund
” NEXO price drops 40% in three days on rumors of ties to ‘insolvent’ crypto fund “ The price of Nexo (NEXO) continued to fall on June 15, as Nexo denied rumors of exposure to Three Arrows Capital (3AC), a Dubai-based crypto fund facing insolvency risks. NEXO price suffers on DeFi contagion fears NEXO, which…