Antoni Trenchev, the co-founder of crypto lending outfit Nexo, has disputed charges laid against his firm by Bulgarian authorities. Nexo was raided by law enforcement in Bulgaria on the suspicion of t...
Tag: Bulgaria
Nexo Mulls Suing Bulgaria for $1 Billion, Says Co-Founder Antoni Trenchev
Antoni Trenchev – Co-Founder of the cryptocurrency lending platform Nexo – said the company could sue the Bulgarian government for more than $1 billion for raiding its offices and undermining its repu...
Prosecutor General of Bulgaria: Nexo Probe Isn’t Political
Join Our Telegram channel to stay up to date on breaking news coverage According to local sources, a representative for Bulgaria’s prosecutor general stated that the probe into cryptocurrency lender N...
Crypto Fraud Operation Worth Millions of Euro Busted in Serbia, Cyprus, and Bulgaria
Euro just busted a multimillion-euro call center crypto scam. Victims were lured into investing and then deceived. Prevention is better than cure. Wherever finance is involved, some bad actors try ...
Nexo Office in Bulgaria Raided in Sanctions Probe
The offices of troubled crypto lender Nexo have been raided by Bulgarian officials for alleged financial crimes including money laundering, tax evasion and fraud. Over 300 officers and regulators have...
Crypto lender Nexo wants to sue Bulgaria after office raids
Troubled cryptocurrency firm Nexo is planning to sue the Bulgarian government after massive raids at the company’s offices in Sofia. Nexo has complained about the actions of the law enforcement author...
Crypto Lender Nexo Targeted in Bulgaria Probe Into Alleged Money Laundering, Tax Violations
“There are authorities at one of Nexo’s offices in Bulgaria, which is, as you know, the most corrupt country in the EU (European Union),” a Nexo spokesperson said in an email to CoinDesk. ...
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. Nexo had 133,263 BTC (around $2.5 billion) in customer l...
Prosecutors in Bulgaria level serious charges on Nexo
The prosecutors belonging to Bulgaria have leveled serious charges against Nexo. This entity is a centralized crypto lender also belonging to the country itself. According to them, Nexo happened to ha...
Nexo Under Investigation In Bulgaria For Alleged ML Charges
Crypto lender Nexo has found itself in the crosshairs of a large-scale investigation as Bulgarian authorities probe into allegations of money laundering, computer fraud, tax offenses, and other crimes...
Nexo Hit by Raids Across Sofia, Company Calls Bulgaria Corrupt
According to Bulgarian media, an international police operation is currently underway against the cryptocurrency lender Nexo. More than 15 raids took place this morning in the Bulgarian capital of So...
Crypto lender Nexo raided by law enforcement in Bulgaria
Crypto lender Nexo saw its offices in Bulgaria raided by police officers in what is reportedly part of an investigation into the cryptocurrency firm. Reports indicate that Bulgarian authorities are lo...
Nexo Office in Bulgaria Reportedly Raided Over Financial Violations
10 hours ago | 2 mins read Exchange News As a result of the raid, NEXO has resorted to Twitter to elaborate. The company also claimed they went the additional mile to meet all applicable laws. The Rus...
Nexo offices reportedly raided by police in Bulgaria
Troubled cryptocurrency lender Nexo is facing more pressure from regulators, with its offices reportedly raided as part of an international investigation. A group of prosecutors, investigators and for...
Crypto Lender Nexo Under Investigation for Alleged Money Laundering, Russian Sanction Violations in Bulgaria – Bitcoin News
According to several reports, Bulgarian law enforcement officials are investigating crypto lender Nexo for alleged money laundering and sanctions violations. Siika Mileva, a spokesperson for Bulgaria’...
Nexo offices in Bulgaria reportedly raided by police
Crypto lender Nexo has reportedly been raided by police in Bulgaria as part of a large-scale international investigation. On Thursday, January 12, a local news outlet reported that Nexo’s offices in S...
Nexo’s Bulgaria office raided by police
Crypto lending platform Nexo’s Bulgarian offices have been raided by local police as authorities carry out investigations into suspected money laundering and tax violations. Police are in...
What to make for Christmas dinner? It depends on where you live
People traveling abroad this Christmas may not find their favorite holiday food on the menu. That’s because traditional holiday fare varies around the world. To see who’s eating what this ...
Government of Bulgaria Might Have Up to 200k Bitcoin in Possession
– Advertisement – The government of Bulgaria might have in its possession up to 200,000 Bitcoin (BTC) currently worth over $4.2B. Bulgarian authorities might be sitting on a whopping 200...
Fixing Inflation Is Easy, But Nobody Talks About It
In our new book Inflation, we talked about the example of Henry VIII of England, who, in 1544, undertook the “Great Debasement” of the long-reliable British silver penny. The silver content of the coi...
‘Closing Time’ For Gazprom’s Eurozone Cash Flows
The U.S. national flag and Poland’s national flag fly as liquefied natural gas (LNG) tanker Oak … [+] Spirit, operated by Teekay Corp., sits docked with Poland’s first import of U.S....
Russia to Cut Gas to Poland, Bulgaria Until Pay Demands Met
(Bloomberg) — Russia halted gas flows to Poland and Bulgaria in a major escalation, and said it will keep supplies switched off until the two countries agree to Moscow’s demands to pay for the f...
Gazprom Cuts Gas Supplies To Poland And Bulgaria
Topline Russian energy giant Gazprom halted gas supplies to Poland and Bulgaria over their failure to pay for gas in rubles, the state-owned company announced on Wednesday, as the Kremlin retaliates a...
Poland and Bulgaria braced for halt to Russian gas supplies
Russia is to halt the flow of gas to Poland and Bulgaria from Wednesday, according to authorities in both EU nations, as Moscow steps up its efforts to weaponise energy supplies over the invasion of U...
Poland and Bulgaria say Russia suspending natgas supplies over rubles
Officials in Poland and Bulgaria say Russia is suspending their countries’ natural gas deliveries starting on Wednesday. The governments of the two European countries said Tuesday that Russian energy ...
The Ukrainian Air Force Just Got Bigger. It Seems Someone Gave Kyiv More MiG-29s.
A Ukrainian air force MiG-29 in 2018. Wikimedia Commons photo Amazingly considering the odds against them, Ukraine’s airmen have more flyable fighters today than they did in early April, according to ...
South Korea, Britain, Bulgaria to Join Forces to Combat Crypto Tax Dodgers (Report)
South Korea’s National Tax Agency’s chairman Kim Dae-Ji held a meeting this week with tax executives from Bulgaria and Britain to discuss the “rise of tax-dodging schemes” through the use of digital ...
Ebury Selects Victor Radu Roşu as Its Country Manager for Romania and Bulgaria
Ebury announced that it has selected Victor Radu Roşu as Its Country Manager for Romania and Bulgaria, effective since February 2022. In an article shared with Finance Magnates, Victor Radu Roşu, an e...
Bulgaria allowed Bitcoin and Ethereum ETPs for stock exchange
From Wednesday, February 16, the Bulgarian Stock Exchange (BSE) will allow Bulgarian investors access to several assets. Through these, they will be able to bet on the movement of prices of the two la...
Bulgaria Stock Exchange introduces Bitcoin and Ethereum ETNs
TL;DR Breakdown The Bulgarian Stock Exchange (BSE) allows local investors to place bets on the price movements of Bitcoin (BTC) and Ether (ETH). The Bulgarian government is considering a number of opt...