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Troubled crypto lender Vauld gets extended creditor protection
17.1.2023
The company claims that the negotiations with potential crisis managers entered the “advanced stage.”
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 sues Cayman Islands financial regulator over VASP license
16.1.2023
The crypto lender claimed that the Cayman Islands Monetary Authority had placed “too much weight” on regulators' enforcement actions in its decision to deny registration
Today in Crypto: Digital Assets Subcommittee in the US, Iran's and Russia's Gold-Backed Stablecoin, UK Sentences Four to 15 Years in Prison
16.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Digital Assets Subcommittee in the US, Iran's and Russia's Gold-Backed Stablecoin, UK Sentences Four to...
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...
Today in Crypto: ConsenSys Launches MetaMask Staking, Eurojust Stops Major Crypto Fraud Network, LendHub Loses $6M in an Attack
13.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: ConsenSys Launches MetaMask Staking, Eurojust Stops Major Crypto Fraud Network, LendHub Loses $6M in...
Nexo hit by Withdrawals Tsunami After Bulgaria Raid Office to Investigate Alleged Money Laundering
13.1.2023
The major crypto lender Nexo has been hit by a tsunami of customer withdrawals after the company’s office in Bulgaria was raided by police.
The raid at Nexo’s Sofia, Bulgaria office happened on Thursday at more than 15 sites across Sofia, Reuters reported. It added that more than...
Prosecutors in Bulgaria level serious charges on Nexo
13.1.2023
The prosecutors belonging to Bulgaria have leveled serious charges against Nexo. This entity is a centralized crypto lender also belonging to the country itself. According to them, Nexo happened to have been in connection with a client of theirs who was financing terrorist-related activities....
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
Today in Crypto: Nexo's Bulgarian Offices Raided, Samsung to List Bitcoin Futures Active ETF in Hong Kong, Trezor Saw a 300% Spike in Sales
12.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Nexo's Bulgarian Offices Raided, Samsung to List Bitcoin Futures Active ETF in Hong Kong, Trezor Saw...
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 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
Crypto Lender Nexo Targeted in Bulgaria Probe Into Alleged Money Laundering, Tax Offenses
12.1.2023
Authorities say they have evidence a Nexo user has been officially declared a terrorist financer
Crypto Lender Vauld Seeks to End Nexo's Purchase Agreement After Rejecting Revised Offer
5.1.2023
Cryptocurrency lender Vauld has rejected Nexo's revised acquisition proposal and is seeking to terminate the negotiation between the two firms
Crypto Lender Nexo's Plan to Acquire Rival Vauld May be Halted – This is What Happened
27.12.2022
There is no deal (yet) in the acquisition talks between crypto lender Nexo and its rival Vauld, while the latter has less than a month to present a restructuring plan to creditors.
Several news outlets have reported that the deal has been terminated altogether - though it remains unclear by whom...
Crypto Lender Nexo Canvasses Vauld Creditors Directly With Final Takeover Offer
27.12.2022
In an open letter, the firm said earlier offers were misrepresented and it wanted to deal directly
Crypto Lender Vauld Calls Off Potential Acquisition by Rival Nexo
26.12.2022
The two started negotiations earlier this year and signed an initial agreement in July
Will Snowfall Protocol (SNW) take over washed-up cryptocurrencies – Solana (SOL) & Nexo (NEXO)?
7.12.2022
With an industry as competitive as crypto, there is always a rapidly growing alternative. Make way for a new name in the market – Snowfall Protocol (SNW), which is taking the industry by storm and already giving its competition a tough time! So much so that there have already been questions...