Title: Constructive Appeal for Private Resolution and Institutional Accountability
Author: Joe L. White, Jr.
Date: July 01, 2025
Reference: Conciliation Request – Nexo AG, Canton of Zug
Purpose
To affirm publicly that my objective is not confrontation but lawful, fair, and timely resolution. This annex is a personal statement accompanying my conciliation filing under ZPO Art. 202–204, intended to underscore my preference for engagement over escalation.
Personal Context
Like many professionals, I turned to Nexo during a period of burnout following decades in high-pressure startup environments. After years of holding mission-critical roles in security and compliance, often working 70+ hours a week without relief, I was physically and emotionally depleted. I believed Nexo’s platform represented a modern, secure evolution of banking, one that drew legitimacy from its ties to Swiss jurisdiction. I entrusted the wealth I had earned over a lifetime of sacrifice, intended to become generational wealth, to a platform that promised safety, transparency, and regulatory oversight.
What happened instead was a devastating liquidation of my account, followed by two years of silence, systemic evasion, and refusal to provide records. The result was not just financial loss, it was emotional trauma, family strain, and long-term instability at a stage in life when I was meant to feel secure.
Settlement as the Preferred Path
My position has remained consistent:
- I have always been open to private resolution.
- I pursued regulatory dialogue before initiating formal legal action.
- Public disclosure has only been pursued after exhausting regulatory and institutional pathways. No public statement has been made lightly or without procedural grounding.
- To this day, I remain willing to settle this matter efficiently, privately, and fairly, provided the process is transparent, proportional, and made in good faith.
Reputational Impact Is Not the Goal
The release of these annexes is not designed to attack Nexo or any individual personally. They are meant to ensure that silence and delay no longer serve as protection.
Transparency is not aggression; it is a proportional response to persistent opacity and the absence of lawful engagement mechanisms. The claimant’s goal remains resolution through constructive disclosure and not reputational harm.
If Nexo engages constructively, through meaningful disclosure and a fair settlement, I am fully prepared to pause further public exposure and bring this matter to a close. That has always been my preferred outcome.
Statement of Intent
This annex is submitted in support of a good-faith civil conciliation request under ZPO Art. 202–204. The claimant asserts that the conduct described herein warrants regulatory attention and damages due to misrepresentation and unsupervised financial intermediation. No proprietary platform information is disclosed, and all references are based on claimant usage, public materials, and industry guidelines.
Disclaimer
This document is submitted in good faith, based solely on the claimant’s personal experience and publicly available facts. No confidential or privileged information has been disclosed. All statements reflect the claimant’s beliefs or recollections unless otherwise indicated. Names of third parties are anonymized or redacted where not publicly implicated. The purpose of this release is transparency, accountability, and resolution not defamation or harm.
Legal Context Note
This annex was authored solely by the claimant as part of a lawful civil conciliation filing under Articles 202–204 of the Swiss Civil Procedure Code (ZPO). It does not contain any confidential statements made during the conciliation hearing, nor does it disclose settlement terms or other protected materials governed by ZPO Art. 205.
The annex is based exclusively on:
- Personal experience,
- Publicly available information, or
- Facts the claimant is legally entitled to share.
Its purpose is to document the legal and factual basis for the claimant’s grievance, promote transparency, and serve the public interest where legal oversight may be insufficient.
The annex adheres to Swiss privacy and defamation standards under ZGB Art. 28, the Data Protection Act (DSG), and applicable banking/professional secrecy provisions (BankG, StGB Art. 321).
It is not an official court document, and no information disclosed herein was obtained through the hearing process.