Nexo Cleared: Bulgaria Drops Crypto Charges
Dec 23, 2023
The government in Bulgaria has decided to stop accusing a big crypto company called Nexo of doing bad things. They had said Nexo was helping bad people and doing bank stuff without permission. But after looking for a year, they couldn't find any proof. The reason is that Bulgaria doesn't have clear rules for cryptocurrencies, so they don't know what's right or wrong. Nexo's co-founder, Antoni Trenchev, said this means the accusations were just to make his company look bad. Nexo is a big crypto company that helps lots of people all over the world.