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Crypto Lender Nexo Seeking $3B in Damages From Bulgaria
24.1.2024
Nexo has accused the country of making "wrongful and politically motivated actions...involving unjustified and oppressive criminal investigations."
Bulgarian Prosecutors Drop Charges Against Crypto Lender Nexo — ‘No Evidence of Criminal Activity’
26.12.2023
The prosecutor’s office for Sofia, the capital city of Bulgaria, has dropped criminal proceedings against crypto lender Nexo. “The team of supervising prosecutors came to the conclusion that there was no evidence of committed crimes,” the authorities stated, adding that crypto...
Nexo's Money Laundering Investigation in Bulgaria Closed Due to Lack of Evidence: Report
22.12.2023
The Bulgarian Prosecutor's Office reported to have said that it found “no evidence of criminal activity,” adding that “no evidence of tax offenses or computer fraud was found against the defendants, either.”
Bulgaria’s oldest football club adopts Bitcoin and Lightning, joins Nostr
31.10.2023
Football meets finance: Bitcoin payments integration arrive at top flight Bulgarian club, Botev Plovdiv FC
Lawyer Seeks Reopening of Onecoin Case in Bulgaria, Seizure of Assets
23.6.2023
A lawyer representing Onecoin victims has urged Bulgarian authorities to reopen an investigation into the crypto pyramid scheme and seize assets to compensate his clients. The attorney is asking officials in Sofia to take into account developments he considers related to the case, including...
Onecoin Head of Legal and Compliance Charged for Role in Crypto Pyramid
22.3.2023
Authorities in the U.S. have announced charges against a former Onecoin executive for her alleged role in the notorious crypto pyramid scheme. Bulgarian national Irina Dilkinska, who was extradited on Monday, may face up to four decades in prison if found guilty on counts of fraud and money...
Bulgarian Woman Charged in $4B Crypto Fraud Case, Extradited to U.S.
21.3.2023
OneCoin's victims were allegedly defrauded of over $4 billion in the scheme, which began operations in 2014
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud
6.2.2023
A Bulgarian investor has lost a large amount of money to fraudsters who convinced him he was putting cash into cryptocurrency. The scam operated through a call center in what is becoming an established scheme for extracting money from victims lured with promises of quick profits on stock and crypto...
Nexo Agrees to Pay $45 Million to SEC and State Regulators for Unregistered Offering of Earn Interest Product
20.1.2023
The cryptocurrency lender, Nexo, has agreed to pay $45 million to the U.S. Securities and Exchange Commission (SEC) and several state regulators after charges were levied against the firm for failing to register the company’s Earn Interest Product (EIP). Nexo detailed that the settlements...
Law Decoded, Jan. 9-16: Gemini, Bithumb, Nexo are fresh targets for regulation and prosecution
16.1.2023
While the FTX saga continues to make headlines, last week brought a plethora of new troubles for crypto companies in the United States, Europe and Asia
Nexo investigation is not political, says Bulgarian prosecutors
15.1.2023
A spokesperson for Bulgaria’s chief prosecutors denied claims that the investigation was prompted by the company's political donations
Bulgarian authorities charge four individuals following raid on Nexo office: Report
13.1.2023
Following the Jan. 12 raid on its Sofia offices, Nexo described prosecutors’ actions as a “kick first, ask questions later” approach
Nexo Bitcoin Withdrawals Surge Following Raid of Bulgarian Offices
13.1.2023
After the offices of crypto lender Nexo were raided in Bulgaria, the digital currency lending platform experienced a significant amount of withdrawals starting Jan. 12, 2023. An archived snapshot of Nexo’s real-time attestation shows that the company held 133,263 bitcoin on that day. As...
Crypto lender Nexo wants to sue Bulgaria after office raids
13.1.2023
Nexo platform has reportedly experienced massive outflows amid the news on office raids and an ongoing investigation against the firm
Nexo offices reportedly raided by police in Bulgaria
12.1.2023
The investigators have alleged that Nexo is involved in money laundering and violating global financial sanctions against Russia
Cryptoqueen Ruja Ignatova Tipped Off About Onecoin Investigations Before She Vanished, Report
22.10.2022
Ruja Ignatova, founder of the notorious crypto pyramid Onecoin, was reportedly alerted about police investigations into the scam before she disappeared. The ‘Cryptoqueen’ has been on the run for several years, wanted by law enforcement agencies around the world. Onecoin Mastermind Learned About...
Bulgarian Crypto Trader Disappears Under Mysterious Circumstances
27.5.2022
The whereabouts of Alexander Altunbashev, a Bulgarian entrepreneur and crypto trader, are unknown since Monday. Law enforcement officials are now investigating his possible abduction while some in the local crypto community speculate he might be hiding from disgruntled investors. Bulgarian...
Onecoin ‘Crypto Queen’ Ruja Ignatova Listed Among Europe’s Most Wanted
13.5.2022
Ruja Ignatova, mastermind of the notorious pyramid Onecoin, is now one of Europe’s most wanted fugitives. Also known as the “Crypto Queen,” she disappeared almost five years ago, after the Ponzi scheme she led collected billions of dollars from defrauded investors around...
Google Trends Study Shows SHIB Is the Most Popular Crypto in the UK
27.4.2022
22 days ago, Bitcoin.com News wrote about a Coin Insider trends study that combed through Google Trends data in the United States. According to the report, dogecoin was the most Googled cryptocurrency in the country. Another study — published by askgamblers.com — has covered similar...
Bulgarian Stock Exchange Launches 8 Crypto ETNs
20.2.2022
Bulgarians can now invest in crypto assets through their country’s stock market. The Bulgarian Stock Exchange has recently launched eight ETNs based on two digital currencies, bitcoin and ethereum, following the example set by leading European platforms that support such products....