Nexo Office Raided by Bulgarian Police in Wide Investigation
- More than 300 personell take part in Bulgarian operation
- Probe comes four months after US states move against Nexo
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Crypto lender Nexo’s office in Sofia was raided by Bulgarian police on Thursday as part of an investigation into suspected money laundering and tax crimes.
More than 300 police officers, prosecutors and national security agents are taking part in the operation, Siyka Mileva, a spokeswoman for Bulgaria’s chief prosecutors, told reporters in Sofia. Authorities are investigating London-based Nexo on suspicion of money laundering, tax crimes and offenses involving unlicensed banking activities, she said, adding that the probe is so far limited to Bulgaria.