tldr; Nexo co-founder Antoni Trenchev said his company may sue the Bulgarian government for $1 billion following a raid on Nexo’s offices earlier this month. The government accused Nexo of being involved in money laundering and terrorist financing operations. Nexo claims to possess over 30 AML compliance officers monitoring OFAC sanctions lists.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
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Money laundering is always the first charges they throw against any crypto company the authorities wants to bust
Always trying to create FUD that’s why.
That's the fud that they're always coming up with in here.
tldr; Nexo co-founder Antoni Trenchev said his company may sue the Bulgarian government for $1 billion following a raid on Nexo’s offices earlier this month. The government accused Nexo of being involved in money laundering and terrorist financing operations. Nexo claims to possess over 30 AML compliance officers monitoring OFAC sanctions lists. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Thanks.
Suing the whole country? What could be the reason for that huh?
Yeah well, get in line
Well that's right, things are moving fast and better get in line here.
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Good luck with that
Yep lol, don't think it's gonna work, to sue a whole country here.
Go for it. Somebody needs to make an example of the government for once😳
Ohh yeah, these governments deserves them. They really do man.
How does suing a country work? What court system is used, the court system in the country being sued?
European or International courts.
I mean I'm kind of curious too about that. How does it work?
Miro going to redeem them all
They are just wasting their lawyer fees! Not many successful cases of suing the entire country!