Today the Bulgarian Prosecutor’s office announced that the Bulgarian offices of cryptocurrency lender Nexo had been raided “with the aim of neutralizing illegal criminal activity.” Bulgarians Kosta Kantchev and CEO Antoni Trenchev founded Nexo. Kantchev was previously Trenchev’s boss at Bulgarian consumer credit company Credissimo.
“A client of the platform who transferred cryptocurrency has been officially classified as an organizer of terrorist activity,” said Svetlio Vasilev, who leads the Cybercrime division. He added that nobody has charged as yet, but it was searching 15 premises and additional persons of interest are being uncovered.
The investigation involves 300 personnel, including 35 investigators from various government departments such as the police and National Security Service.
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