Front wheel bearing nut cross threaded
Got a cheap wheelset from eBay all great until I put the front wheel on and noticed the bearing nut ? Is cross threaded these are fulcrum 5 racing wheels can I just cut the nut off and washer the gap with the forks or will this somehow effect the bearings hopefully they are sealed cheers 

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you might have to clean the threads up a bit.
use a nut splitter or failing that, dremel it off if there's enough room.
Try and unthread the nut, it should be relatively easy. Inspect the threads on the axle. Using a die to clean the threads would be ideal, but it should be possible to (carefully) use a junior hacksaw to get the thread started. The nut could be replaced but it's probably ok to use again.