Crypto Lender Nexo’s Co-Founder Disputes Bulgaria Charges After Raid
- Company’s Sofia office was raided by officials in January
- The charges are ‘ludicrous,’ Trenchev says in interview
Antoni Trenchev
Photographer: Christopher Goodney/BloombergThis article is for subscribers only.
Nexo co-founder Antoni Trenchev disputed charges by Bulgarian police after they raided the crypto lender’s Sofia office last month as part of an investigation into suspected money laundering and tax crimes.
The nation’s prosecutors charged four people as part of the investigation. The accusations include forming an organized crime group related to money laundering, unlicensed banking activities, as well as tax and computer crimes.