Hi Crypto Killer,
We scored Nexo 2.5/5 for Regulation & Trust.
This is largely because, while a legitimate company, it’s a crypto exchange which typically operate with limited regulatory oversight.
Also, there have been a number of high-profile firms that have gone under over the years leaving many customers out of pocket, think FTX, Genesis, BlockFi etc.
In summary, it’s a legit firm but crypto exchanges by there very nature are high-risk.