Nexo Emerges Unscathed as Bulgarian Authorities Drop Charges

The Bulgarian Prosecutor’s Office has officially ceased criminal proceedings against four executives of the cryptocurrency lending firm Nexo. This decision, announced on December 22, follows a thorough investigation which initially began with a raid on Nexo’s offices back in January. Kosta Kanchev, Antoni Trenchev, Trayan Nikolov, and Kalin Metodiev, the accused individuals, have been cleared of all charges.