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Crypto Lender Nexo Submits $3 Billion Damages Claim Against Bulgaria

The cryptocurrency lending platform Nexo has submitted a $3 billion arbitration claim against the Republic of Bulgaria, following a raid on its office in 2023…

Nexo Sues Bulgaria for Over 3 Billion

Nexo AG and its subsidiaries have filed an over 3 billion ICSID arbitration claim against the Republic of Bulgaria for damages and lost opportunities caused by the countrys wrongful and politically motivated actions against the company and its executives involving unjustified and oppressive criminal investigations subsequently dismissed for lack of merit.

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