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Crypto Lender Nexo Submits $3 Billion Damages Claim Against Bulgaria

Crypto Lender Nexo Submits $3 Billion Damages Claim Against Bulgaria


Bitcoin.com
2024-01-26 05:30:10

The cryptocurrency lending platform Nexo has submitted a $3 billion arbitration claim against the Republic of Bulgaria, following a raid on its office in 2023 and a subsequent probe by the Bulgarian Prosecutor General’s Office. Nexo alleges that these actions harmed its business prospects. ‘Politically Motivated’ Allegations The Switzerland-based crypto lending platform Nexo AG has


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