Nexo Under Investigation in Bulgaria for Alleged Money Laundering, Tax Offenses
Amid official reports that the crypto lender is under investigation in Bulgaria, Nexo insisted that it has followed AML and KYC rules.
Bulgaria launches probe of crypto lender Nexo, raids sites
Bulgarian prosecutors have launched an investigation into alleged illegal activities conducted by cryptocurrency lender Nexo, they said on Thursday, raiding more than 15 sites in the capital Sofia.
Nexo’s Bulgaria office raided by police
More than 300 police officers, prosecutors and national security agents are involved in the operation, according to a Bloomberg report. The post Nexo’s Bulgaria office raided by police appeared first…
NEXO Raided Over Allegedly Evading International Sanctions: Report
There is a large-scale international operation going on in Sofia-based Russian company NEXO for alleged financial crimes like fraud, violation of international sanctions violation, and money laundering. Its offices in…
Vauld rejects final acquisition offer from Nexo
Crypto lending firm Vauld has rejected a long-standing acquisition offer from its larger competitor, Nexo, according to various reports on January 5. The post Vauld rejects final acquisition offer from…
Crypto lender Vauld rejects Nexo’s final acquisition proposal
Disturbed digital asset lender Vauld and its committee of creditors (COC) have declined rival Nexo’s final acquisition proposal in concerns about its financial health difficulties. Nexo loses procurement talks On…
Nexo Accuses Troubled Rival of Pursuing ‘Secret Deal’
Nexo’s bid to acquire its rival Vauld and its assets has failed for a final time, with heated words exchanged
Vauld Rejects Rival Final Acquisition Bid from Nexo Over Financial Health Issues
Nexo has until the close of business today to show its good intentions by responding to Vauld’s queries satisfactorily.
Vauld rejects Nexo’s ‘final’ acquisition proposal, questions company’s solvency
Vauld has rejected rival Nexo’s ‘final’ acquisition proposal. The firm continues to seek answers from Nexo, particularly around its solvency. The post Vauld rejects Nexo’s ‘final’ acquisition proposal, questions company’s…
Crypto Lender Vauld Seeks to End Nexo’s Purchase Agreement After Rejecting Revised Offer
Vauld believes that the latest acquisition proposal by its fellow lender “would not be in the best interests” of its creditors.
