Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria charges four people in connection with the investigation into the cryptocurrency platform Nexo

Photo: BGNES

Four people have been charged as part of the investigation into the cryptocurrency platform Nexo, said the Director of the National Investigation Service Borislav Sarafov. They are charged with leading and participating in an organised crime group related money laundering, tax crimes, computer fraud and unlicensed banking activity in Bulgaria and abroad. The group has been active since the beginning of 2018 and has developed its activity on the territory of Bulgaria, Great Britain, Northern Ireland, Switzerland and the Cayman Islands. 

The Prosecutor's Office has testimony that six months ago, representatives of the cryptocurrency platform Nexo participated in a meeting at the Ministry of Finance with other companies involved in cryptocurrency, said the Spokesperson of the Prosecutor's Office, Siika Mileva. The purpose of the meeting was to discuss possibilities for the implementation of the cryptocurrency in the BORICA system.

Later, the press centre of "We Continue the Change" sent a press release to the media regarding the information that former Finance Minister Asen Vassilev had met with representatives of the company. "Suggestions by the prosecution that some secret meeting was held at the Ministry of Finance where companies dealing with cryptocurrency discussed with Minister Vassilev how to make payments in cryptocurrency through the Borika system do not correspond to the facts," the document reads.

The company also rejected the prosecution's accusations that Nexo's platform was being used for money laundering, terrorism, sanctions evasion, financial and tax crimes, and vowed to sue for hundreds of millions.


Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Morning temperatures will be around zero, sunny and warm Saturday expected

On Saturday, the minimum temperatures in Bulgaria will be from minus 2 to 3°C. In Sofia it will be around 0°C. During the day it will be sunny with scattered high clouds.  Highs tomorrow will be between 14 and 19°C, in the capital - around 15°C...

published on 3/21/25 7:15 PM

Agriculture minister promises to protect farmers

“We are protecting farmers and the public interest. In drafting this bill we are guided solely by this aim,” said Minister of Agriculture and Food Georgi Tahov at a meeting with representatives of chain stores in this country and consumer..

published on 3/21/25 6:22 PM
Chief commissioner Lyubmir Nikolov

Two brothers apprehended for abducting two people

Two brothers, members of an organized crime group busted a few years ago, have been detained for abducting two men. The  kidnappers and the persons considered missing are thought to be connected with 160 kgs. of cocaine missing in Sofia...

published on 3/21/25 5:11 PM