Nexo consider to sue Bulgaria at $ 1 billion, says co -founder Antoni Trenchev
Nexo consider to sue Bulgaria at $ 1 billion, says co -founder Antoni Trenchev
Antoni Trenchev-Co-founder of the Cryptocurrency credit platform Nexo-said the company could sue the Bulgarian government to more than $ 1 billion because it had searched its offices and undermined its reputation.
He also refuted the rumors that members of the entity lead an organized criminal group and commit money laundering and terrorist financing operations.
"We will defend our interests"
The collision between Nexo and the Bulgarian authorities escalated according to Trenchev
"Our consultants appreciate the damage to over one billion dollars. We were in the process of noting on the American stock exchange, and now it has to be postponed because of the reputation damage that was added to us."
The executive claimed the procedure of the Bulgarian public prosecutor's office attacked The offices in the capital Sofia are "absurd and a large part of them - illegal ”. The Nexo scandal Was only one day before President Rumen Rumen Radev wanted to give the third and last mandate to form a reigning government. Some assumed that the democratic Bulgaria (a center-right party that committed itself to finishing corruption and enforcing several judicial reforms) had the best chance of receiving the mandate. , however, it became known that more than a dozen Nexo employees had previously made considerable donations to the party mentioned above, which could have influenced the president's decision. He finally handed over the mandate to the Bulgarian Socialist Party (e.g.
Trenchev agreed to assume that the raid in Nexo's offices was an orchestrated PR campaign by the public prosecutor. He also admitted to know the leader of the democratic Bulgaria - Hristo Ivanov: "I know Hristo Ivanov. I was part of public life in Bulgaria years ago. But I don't see how that is relevant. We are a handful of people in Bulgaria." The boss of Nexo said that it is free to donate to people, and does not see anything wrong with those who have given away the funds to Democratic Bulgaria because they registered publicly and reported everything to the Court of Auditors. Despite the confrontation, trenchev insured that the crypto loan still has a solid basis of five million customers and handles millions of transactions every day. Apart from his editions in Bulgaria, Nexo recently agreed to Data Preserver-Spaces = "True"> US dollar because of the US-SEC and NASAA To pay that you have offered crypto credit products without complying with the necessary regulations. Commenting was Gary Gensler - Chairman of the SEC: "We have accused Nexo of not registering his crypto-lending product for private customers before it was offered to the public, and thus bypassing significant disclosure obligations to protect investors. Compliance with our proven public guidelines is not a choice.
Where crypto companies do not stick to it, we will continue to follow the facts and the law to fold them into account. In this case, NEXO, among other things, hires his non-registered loan product for all US investors. ” Nexo confirmed the fines and said that it was pleased to have entered into a "constructive dialogue" with the supervisory authority and to have solved all problems. . Antoni trenchev, dnes
pay $ 45 million in the USA