Nexo Hit by 'Flood of Withdrawals' Following Office Raid
Funds are flowing out of crypto lender Nexo following news that prosecutors in Bulgaria are investigating the company for fraud.

Funds are flowing out of crypto lender Nexo following news that prosecutors in Bulgaria are investigating the company for fraud.
Nexo said it is too difficult to comply with the “inconsistent and changing positions” of regulators in the United States.
The claimants allege that Nexo froze their accounts after they sought to remove their assets from the platform.
Nexo withdrew over $219 million from FTX before the exchange went insolvent.
Amid the interest in Ethereum, Bitcoin is recording a sustained price correction.
Compiling taxes for crypto transactions has been a thorn in the side of investors for a long time. This is ...
DeFi Pulse, a leading authority on the DeFi space, calculates that the combined value of all deposits within DeFi protocols ...
Crypto lending platform Nexo has hired Citibank to advise on plans to acquire a struggling crypto firm.
Nexo platform could rescue Celsius' customers after “what appears to be the insolvency of the Celsius Network.”
The integration provides LUNA users a way to accurately track and record their transactions to meet their tax obligations, according to Koinly's Tony Dhanjal.