The Bulgarian prosecutor's office denied that the investigation related to Nexo has political motives, and an independent auditor will conduct the examination

ChainCatcher news, Bulgaria's Chief Prosecutor spokesperson Siika Mileva denied the political motives behind the investigation of the crypto lending platform Nexo, stating that "investigating these institutions has become a nationwide campaign." The case involves so-called "modern cybercrime," and the investigation has been ongoing for several months in collaboration with international partners. Additionally, she revealed that an independent international auditor will examine Nexo's activities.

It is reported that on January 12, Bulgarian police raided Nexo's offices and stated they would coordinate with their counterparts in the United States and the United Kingdom regarding the investigation of Nexo's alleged money laundering and tax crimes. Four Nexo personnel have been charged with money laundering, tax crimes, computer fraud, and unlicensed banking. Two were released on bail of nearly $550,000. The other two remain unaccounted for in Bulgaria and have been declared international fugitives. (cointelegraph)