According to a local media report, the offices of Nexo, a crypto exchange based in Sofia, Bulgaria, were recently raided by authorities and individuals believed to be foreign agents. The raid was conducted to investigate alleged financial crimes.
According to the report, the raid was carried out by a team of law enforcement officials and representatives from foreign intelligence agencies, who arrived at the Nexo offices early this morning and searched the premises for evidence of the alleged financial crimes.
The report did not provide further details about the nature of the alleged crimes or who may be under investigation.
According to the report, the investigation into Nexo began several months ago. The report states that the investigations were initiated after authorities were alerted to suspicious transactions by foreign intelligence agencies. These transactions were said to be related to an alleged attempt to circumvent Russian sanctions.
The report did not provide further details about the nature of the suspicious transactions or which specific Russian sanctions may have been targeted. It is also unclear how the alleged sanctions evasion may have been carried out or what role Nexo may have played in these activities.
The report also contains a serious accusation against the company and its owners, alleging that they misappropriated a substantial amount of funds belonging to users. The information does not specify the amount of funds allegedly embezzled; however, it claims that the amount runs into billions of dollars.
Nexo has issued a statement in response to the allegations and raids, addressing the allegations and providing additional information about its compliance policies and procedures.
The statement provides detailed information about the company’s anti-money laundering (AML) and know-your-customer (KYC) policies, emphasizing that Nexo takes compliance very seriously and has implemented strict procedures to ensure that it is in compliance with all relevant laws and regulations.
If you would like to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, and Instagram.
“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
