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What is the crypto lender Nexo's business?

Apart from operating a cryptocurrency trading platform, their activities can be compared to operating a pawn shop and a bank deposit. What happens to the deposited money and how can the company verify the origin of the funds? Nexo explains what happens to the assets deposited by their...
4 months later: The mothers of switched babies hugged their children for the first time
4 months later: The mothers of switched babies hugged their children for the first time
A happy ending to the case with the babies switched at birth at Sheinovo Hospital – from today, January 13, the children are with their biological families. The exchange happened exactly...
Four charged in the case against crypto lender Nexo, witnesses seek protection
Four charged in the case against crypto lender Nexo, witnesses seek protection
Four people have been charged in the pre-trial proceedings for the activities of the crypto lender Nexo, the Head of Bulgaria’s National Investigation Service Borislav Sarafov said on...
Varna and Nessebar are again on the calendar of a major cruise company
Varna and Nessebar are again on the calendar of a major cruise company
Varna and Nessebar are included in three Norwegian Cruise Line programmes this year, along with ports in Greece and Turkey. Tourists will visit Varna on April 4, May 1 and May 10, and Nessebar...
MPs banned exports of crude oil and petroleum products originating in Russia
Bulgaria’s Parliament banned the export of crude oil and petroleum products subject to a derogation, transported by sea, originating in...
Nexo crypto lender investigated for alleged large-scale financial fraud - chronology (update)
The Prosecutor’s office and the police on January 12, 2023, raided the offices of a crypto lender that operates from the territory of...
Nexo crypto firm sent a position to BNT about the raid on its offices
Nexo sent a position paper specifically to BNT. They note that the raid is still ongoing and their employees are being detained. They have not yet...
Eurobarometer survey: 96% of Bulgarians worried about the rising cost of living
The rising cost of living is the most pressing concern for 93% of Europeans, according to the latest Eurobarometer survey for the European...
Bulgaria's Parliament obliged Council of Ministers to renegotiate the Recovery Plan
Bulgaria's Parliament obliged Council of Ministers to renegotiate the Recovery Plan
With 187 votes in favour, two against and 9 abstentions, the Parliament on January 12 obliged...
Over 15 addresses searched in connection with operation against cryptocurrency firm
Over 15 addresses searched in connection with operation against cryptocurrency firm
The spokesperson of the Prosecutor General Siyka Mileva and the head of the Cybercrime...
Employees of coal-fired power plants protest in Sofia
Employees of coal-fired power plants protest in Sofia
Miners and employees of the country's thermal power plants on January 12 gathered in front of...
Operation against crypto company Nexo in Sofia (update)
Operation against crypto company Nexo in Sofia (update)
An international operation against a large-scale scheme for financial crimes, money laundering...
Number of international students at universities in Bulgaria is on the rise
Number of international students at universities in Bulgaria is on the rise
The number of international students enrolled in higher education in Bulgaria is increasing....
Bulgaria negotiates with Romania for natural gas supply after 2026
Bulgaria negotiates with Romania for natural gas supply after 2026
Bulgaria is negotiating with Romania for natural gas supplies after 2026, caretaker Energy...
The babies switched at birth will be returned to their biological mothers
The babies switched at birth will be returned to their biological mothers
The saga with the switched babies at Sheinovo Hospital is coming to an end. The children are...
UK citizen arrested on Interpol Red Notice remains in custody in Bulgaria
UK citizen arrested on Interpol Red Notice remains in custody in Bulgaria
The 28 year-old UK citizen, David Michael Bodil, who was arrested in Bulgaria on January 10 on...
Tax filing campaign in Bulgaria begins on January 10
Tax filing campaign in Bulgaria begins on January 10
Individuals can submit their annual income tax return for 2022 from today, January 10, 2023...
UK national wanted by Interpol has been detained in a village in Bulgaria
UK national wanted by Interpol has been detained in a village in Bulgaria
The 28-year-old David Bodil, wanted on an Interpol Red Notice, was arrested by special police...
A man fired shots at the building of the Third Regional Police Station in Sofia, a police officer slightly injured
A man fired shots at the building of the Third Regional Police Station in Sofia, a police officer slightly injured
A 64-year-old man fired shots at the Third Regional Police Station in Sofia early this morning,...
Road Agency urges motorists to make sure vehicles are prepared for driving in winter conditions
Road Agency urges motorists to make sure vehicles are prepared for driving in winter conditions
Motorists travelling in southern Bulgaria are advised to set off in vehicles prepared for winter...
Bulgaria’s Chief Prosecutor is on a visit to Türkiye to discuss illegal migration and fight against terrorism
Bulgaria’s Chief Prosecutor is on a visit to Türkiye to discuss illegal migration and fight against terrorism
Bulgaria’s Prosecutor General Ivan Geshev is visiting Türkiye on January 10. The Head...
Insufficient control at various levels led to the switch of babies in "Sheinovo" hospital - inspection results
Insufficient control at various levels led to the switch of babies in "Sheinovo" hospital - inspection results
Insufficient control at various levels is the main thing that led to the switch of babies in...
Paraglider who crashed into the weather station in Rila mountains has died
Paraglider who crashed into the weather station in Rila mountains has died
The paraglider who crashed into the weather station on Musala peak in Rila mountain died on...
Ministry of Regional Development: State has concluded contracts for over BGN 1 billion for illegal construction of infrastructure projects
Ministry of Regional Development: State has concluded contracts for over BGN 1 billion for illegal construction of infrastructure projects
A check found that the state has concluded contracts for over BGN 1 billion for illegal...
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