In the city of Sofia, there is now an operation being carried out by international agents to combat a large-scale plan for committing financial crimes. It includes money laundering (ML) and violating international sanctions imposed against Russia. The information provided by BNT indicates that it is the corporation NEXO.
Investigation Uncovers Link between Bulgaria-Based Crypto Company and Former Politicians
There is a connection between the ownership of the corporation and a former member of parliament as well as the son of a former social minister who was affiliated with the NDSV political party. There is reason to believe that the Bulgarians who are responsible for the major corporation behaved in accordance with the plan formulated by the OneCoin pyramid and Ruja Ignatova. The Bulgarian lady is infamously labelled as the queen of cryptocurrencies. She is currently one of the FBI’s top 10 most sought individuals. Both Interpol and Europol are actively looking for her as well.
Prosecutors, detectives from the National Investigation, and workers of SANS, along with agents from other countries, have started searching the Bulgarian headquarters of a corporation that trades cryptocurrency all over the world.
The activities of the organisation were run out of the capital city of Bulgaria. The customers were encouraged to make deposits in exchange for the promise of significant profits on their investments in Bitcoin and other forms of cryptocurrency.
Investigation Launches into Suspicious Transactions by NEXO Allegedly Avoiding EU, US, and UK Sanctions
Investors were offered interest rates that were several times greater than those offered by traditional banking institutions and other brokerage businesses. There are rumours circulating that the Bulgarian owners of the corporation have stolen several billion dollars worth of assets from the business in order to line their own pockets.
The inquiry into the operations of the blockchain-based company in Bulgaria started a few months earlier. The foreign services discovered suspicious transactions. These trades were disclosed to be aimed at avoiding the sanctions placed by the European Union, the United States, and Great Britain, against Russian financial institutes, as well as businesses and residents of Russia. In particular, the sanctions have been imposed on individuals who are permanent residents of Russia. In addition, sanctions have been imposed against businesses that operate within Russia.
