Nexo alleges the company suffered reputational damage while its shareholders lost significant value due to the abandoned criminal investigation.
Bulgaria News
- News3784
- News
Authorities said they found no evidence Kosta Kanchev, Antoni Trenchev, Trayan Nikolov and Kalin Metodiev committed money laundering, tax crimes, or computer fraud.
31801 - News
Football meets finance: Bitcoin payments integration arrives at top-flight Bulgarian club, Botev Plovdiv FC.
4103 - News
Evidence found that Australians were among the top countries targeted in a sophisticated cryptocurrency investment scam network, which has suspected kingpins in Israel.
17606 - Newsletter
While the FTX saga continues to make headlines, last week brought a plethora of new troubles for crypto companies in the United States, Europe and Asia.
5875 - News
A spokesperson for Bulgaria’s chief prosecutors has denied claims that the investigation was prompted by the company’s political donations.
29038 - News
Following the Jan. 12 raid on its Sofia offices, Nexo described prosecutors’ actions as a “kick first, ask questions later” approach.
5511 - News
Nexo has denied reports that the firm has experienced massive outflows amid office raids and an ongoing investigation against the firm.
11147 - News
Investigators have alleged that Nexo is involved in money laundering and violating global financial sanctions against Russia.
7639 - News
The government official added that he thought Bulgaria was unlikely to become a major hub for crypto miners, many of whom many are reportedly considering leaving Kazakhstan.
9234 - News
More publicly traded firms added Bitcoin to their treasuries during the first four months of 2021 than during the entirety of last year. But will it continue?
8876 - News
The operator of a Bulgarian crypto exchange has received a 10-year prison sentence for money laundering in connection with an Eastern European cybercrime syndicate.
6932 - News
Law enforcement representing 16 different countries cooperated to arrest 20 members of a global crypto-powered money laundering cartel in just one of the cases.
6264 - News
The owner of a Bulgarian crypto exchange has been convicted of providing money laundering services to a Eastern European cyber fraud syndicate.
5429 - News
The Colibra app is providing a means for air travelers delayed for any reason to receive compensation in crypto.
7515