Twitter Telegram

    Learn everything Crypto, Blockchain & Web3 | ApeSpace Learn
    • View Charts HOT
    • Rugs/Exploits
    • Tutorials & Tips
    • Sponsored & PR
    Telegram Twitter

    Learn everything Crypto, Blockchain & Web3 | ApeSpace Learn
    Rugs/Exploits

    Nexo raided by Bulgarian authorities

    By ApeSpaceJanuary 13, 2023

    Bulgarian prosecutors raided more than 15 locations in Sofia, Bulgaria in relation to the Nexo cryptocurrency lender. A spokesperson for the prosecutors has said that the raids are “part of a pre-trial investigation aimed at neutralising an illegal criminal activity of crypto lender Nexo”. These activities reportedly include setting up of an organized crime group, tax crimes, money laundering, banking activity without a license and computer fraud. Bulgarian authorities allege that Nexo has processed $94 billion through its platform over the past five years.

    Authorities charged four individuals with various crimes shortly after the raid. Two were arrested and released on bail; authorities are still looking for the other two. Police have also confiscated money, computers, and crypto assets.

    Within a 24-hour period after the raid was announced, Nexo experienced $45 million in withdrawals — about the same amount they normally process in an entire week — as customers rushed to get their money off the platform.


    • “Bulgaria launches probe of crypto lender Nexo, raids sites”
      , Reuters

    • “Bulgaria Charges Four in Probe Into Crypto Lender Nexo”
      , Bloomberg

    This content was sourced from Web3IsGoingGreat

    Share. Twitter Telegram Facebook
    Avatar photo
    ApeSpace
    • Website
    • Twitter

    The ultimate crypto analytics platform for all traders! REAL TIME! - Charting - Trading - Analytics #ApeSpaceIO

    Related Posts

    hi mom! i’m on the front page!

    March 21, 2023

    General Bytes crypto ATMs exploited for over $1.6 million

    March 20, 2023

    Thousands lose money to iEarn Bot crypto scam

    March 18, 2023

    Phishers take advantage of fears surrounding the USDC de-peg

    March 17, 2023
    Latest Posts

    hi mom! i’m on the front page!

    March 21, 2023

    General Bytes crypto ATMs exploited for over $1.6 million

    March 20, 2023

    UniLend Finance v2 Set to Launch on Polygon zkEVM

    March 20, 2023
    The ultimate crypto learning site | Learn everything from Crypto, Blockchain, Web3 and more from beginner to expert | ApeSpace Learn
    © 2023 ApeSpace An Innovative Fuse Ltd Brand

    Type above and press Enter to search. Press Esc to cancel.