Bulgarian Prosecutors Deny Political Motivation in Nexo Investigation, Unbiased Auditor to Conduct Evaluation

Bulgarian Chief Prosecutor’s Workplace spokesman, Siika Mileva, denied any political motivation behind the investigation into crypto lending platform Nexo. Mileva said that the investigation into these organizations has develop into a nationwide motion and that the case entails so-called “cybercrime trendy offenses” which has been performed in collaboration with worldwide companions for a number of months. Moreover, an impartial worldwide auditor might be reviewing Nexo’s actions.

On January twelfth, Bulgarian police performed a raid on Nexo’s workplaces and introduced that they’d be coordinating with authorities in america and United Kingdom to research Nexo’s alleged cash laundering and tax crimes. 4 Nexo workers have been charged with cash laundering, tax crimes, laptop fraud, and unlicensed banking operations. Two of the people have been launched on bail of practically $550,000 and the remaining two people have but to be situated and have been declared worldwide fugitives.

Nexo Investigation

The investigation into Nexo’s alleged cash laundering and tax crimes has been ongoing for a number of months in collaboration with worldwide companions, in response to the Bulgarian Chief Prosecutor’s Workplace. The investigation is claimed to contain so-called “cybercrime trendy offenses.”

Raid on Nexo’s Workplaces

On January twelfth, Bulgarian police performed a raid on Nexo’s workplaces and introduced their coordination with authorities in america and United Kingdom to research the alleged crimes. 4 Nexo workers have been charged in reference to the case.

Arrests and Bail

Two of the people charged in reference to the case have been launched on bail of practically $550,000, whereas the remaining two people have but to be situated and have been declared worldwide fugitives.

Unbiased Audit

An impartial worldwide auditor might be reviewing Nexo’s actions as a part of the continued investigation, in response to the Bulgarian Chief Prosecutor’s Workplace spokesman.