Nexo demands $3 billion in damages over canceled Bulgarian inv | • CRYPTO NEWS • #BTC • #ETH •
Nexo demands $3 billion in damages over canceled Bulgarian investigation
Nexo, a crypto lending firm, said on Jan. 24 that it aims to obtain $3 billion in damages from Bulgaria over a cancelled criminal investigation. Bulgarian prosecutors initially launched an investigation into Nexo AG over one year ago in January 2023. At that time, authorities raided the firm’s offices and charged four Bulgarian individuals with money laundering, tax fraud, and computer fraud. Authorities also alleged violations of Russian sanctions.
