Nexo sees withdrawals of $158 million in day after Bulgaria raid
Crypto lender Nexo has seen withdrawals worth more than $158 million in the last 24 hours after Bulgarian authorities raided its offices. according to real-time attestation provided by Nexo's auditor Armanino on its website.
Nexo co-founder Antoni Trenchev told The Block that the withdrawal number is about 2% of the firm’s total assets under management. It was not clear if the attested numbers included only Nexo customers' bitcoin holdings or all their crypto holdings converted into bitcoin. Trenchev did not comment on it, but said that Nexo's partnership with Armanino was still on, although the latter reportedly announced exiting the crypto space last month.
Source
https://t.me/Crypto_Bitcoin_Blockchain
