How trustworthy is Nexo?

Could you elaborate on the credibility and trustworthiness of Nexo in the cryptocurrency and finance landscape? I'm particularly interested in knowing about their security measures, reputation in the community, and any regulatory oversight they may be under. Are there any significant scandals or controversies associated with Nexo that could potentially affect its trustworthiness? Additionally, what are some key factors that investors should consider before entrusting their funds with Nexo? Any insights or experiences you could share would be greatly appreciated.