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...
Tag: Nexo
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...
Nexo co-founder calls financial crimes allegations ‘absurd’
Nexo’s co-founder and managing partner Antoni Trenchev confirmed that authorities are present at one of Nexo’s offices in Bulgaria following local reports that the Sofia office was raided in relation ...
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 to relinquish Vauld— can prices hold up?
Vauld rejected Nexo’s final offer of acquisition. Co-founder’s private letter mentioned about the rejection of the offer. Volume stands at $7.131 billion, falling by 14%. Vauld, a crypto lending firm,...
Nexo Accuses Troubled Rival of Pursuing ‘Secret Deal’
Crypto lender Nexo is seriously salty that its acquisition of troubled rival Vauld has been rejected for a final time, in a move that would have sought to make its creditors whole. In an open letter o...
Nexo Price Prediction: Will NEXO Hit $1 Despite Their Proposal Getting Rejected By Vauld?
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Vauld rejects final acquisition offer from Nexo
Crypto lending firm Vauld has rejected a long-standing acquisition offer from its larger competitor, Nexo, according to various reports on Jan. 5. In a private letter, Vauld co-founder and CEO Darshan...
Vauld Rejects Nexo’s Another Acquisition Proposal: Nexo Solvency Proof required
Nexo has been trying to acquire Vauld since January 2023. Nexo has announced that it is quitting the US market; how will the US customers be treated? US creditors want proof that Nexo is solvent. Re...
NEXO Price Prediction as Vauld Rejects Nexo Takeover Offer Again
Join Our Telegram channel to stay up to date on breaking news coverage NEXO, the utility token of cryptocurrency lending/trading platform Nexo, was last trading higher by close to 4.0% on Friday, maki...
NEXO Price Surges to $0.728 Amid Stumbling Crypto Market
Nexo has surged by 16.6% in the last seven days and is currently trading at $0.728. The key support for NEXO is present at $0.70 as during the past seven days Bulls are targeting $0.8 as the next majo...
Nexo says Vauld CEO doesn’t have ‘best interest’ of creditors in mind
A dramatic tussle between rival crypto lenders Vauld and Nexo escalated on Thursday, with the two companies throwing barbs over a proposed acquisition. Shortly after The Block reported that Vaul...
Bitcoin Enters 2023 Flat at $16.5K, Nexo Skyrockets 15% (Weekend Watch)
The end of 2022 brought almost zero volatility for bitcoin, which remained flat at around $16,500. Most altcoins also failed to produce any significant volatility, aside from the two recent high-flyer...
NEXO Price Prediction – Where Will NEXO Go in 2023
Join Our Telegram channel to stay up to date on breaking news coverage Nexo is the largest lending company in the decentralized finance ecosystem and potentially an enabler for the mass adoption of cr...
Nexo Offers to Buy Vauld – Again
Crypto lending platform Nexo informed Vauld’s creditors through an open letter that its deal with rival Vauld is still on. Vauld was searching for restructuring options and filed for creditor protecti...
Nexo Says It ‘Has Not Given Up’ On Bailout for Rival Crypto Lender Vauld
Nexo has denied reports that talks over the potential acquisition of troubled rival crypto lender Vauld have been terminated. In response, a person familiar with the matter tells Decrypt that any deci...
Nexo Terminates Vauld Acquisition Deal Ending Six-Month-Long Discussions
Swiss crypto lender Nexo recently terminated its acquisition deal with embattled Singaporean crypto lender Vauld. Nexo has ended discussions with rival crypto lender Vauld regarding a potential acquis...
NEXO Price Analysis: Will the NEXO bounce back from the yearly lows at $0.544 ?
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Nexo claims that it “has not given up” on helping rival cryptocurrency lender Vauld
Join Our Telegram channel to stay up to date on breaking news coverage Reports that negotiations regarding the possible acquisition of ailing rival crypto lender Vauld have been canceled have been ref...
Nexo Says Takeover of Crypto Lender Vauld Still On As Deadline Approaches: Report
Nexo is reportedly still planning on finding a suitable agreement in negotiations to take over crypto lender Vauld. According to a report from Bloomberg, talks between Nexo and Vauld are currently at ...
Vauld Says Nexo Acquisition Called Off
The Singapore-based crypto lending platform Vauld rejected Nexo’s recently updated terms and conditions. On December 26, Bloomberg reported that acquisition talks between Vauld and Nexo were not settl...
Nexo Says Acquisition Talks With Rival Vauld Are Falling Apart, but Not Yet Dead
Crypto lender Nexo has reached the “enough is enough” point when it comes to its troubled bid to acquire a competitor, Vauld, the company said this week. In a letter sent to Vauld’s creditors on Monda...
Nexo, Vauld, and everything latest around the acquisition of the latter
Crypto lender Nexo stated that it was still in talks with Vauld about a possible acquisition. Nexo denied any rumors of the acquisition falling through Crypto lender Nexo iterated that it was still in...
Nexo says its Vauld acquisition deal is not over yet
Nexo has sent an open letter to Vauld creditors, making it clear that its acquisition deal with the crypto lender is still in the works. Nexo hasn’t backed out of the Vauld deal On Dec 26, reports em...
Nexo writes open letter to Vauld’s creditors, presents final proposal
Shortly after Vauld founder and CEO Darshan Bathija sent an email to the firm’s creditors yesterday saying that the potential Nexo deal has been called off, Nexo sent an open letter to VauldR...
Crypto Lender Vauld Sees No Progress in Acquisition By Nexo
Earlier this year in July 2022, Singapore-based crypto lender Vauld suspended withdrawals halting all trading activity on its platform. Since then Vauld has been working on its restructuring, the dead...