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Nexo Crypto Lender Resolves Multistate Lawsuit with $22.5M Settlement – Here's What Happened
1.3.2023
The crypto lender Nexo has resolved a settlement for $22.5 million with multiple US states, after the Ohio Division of Securities became the latest state regulator to join in.
The firm, which is led by Bulgarian entrepreneur Kosta Kantchev, will pay $424,528.30 per jurisdiction that has joined...
Crypto Lender Nexo Under Investigation for Alleged Money Laundering, Russian Sanction Violations in Bulgaria
12.1.2023
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’s attorney general, said the probe into Nexo is a large-scale operation involving...
Nexo, Crypto Lender on Prowl for Ailing Rivals, Faces Declining Deposits
22.7.2022
An analysis of attestations of Nexo assets – including older data retrieved using the Wayback Machine – reveals just how much the crypto lender's deposits have declined in recent months