The Bulgarian prosecutor’s office has indicted four Nexo employees.
The individuals were charged with creating an organized criminal group related to money laundering, unlicensed banking, tax and computer crimes. This was announced by the head of the national investigation service, Borislav Sarafov.
The police confiscated money, computers and crypto-assets worth an unknown amount.
Who exactly was arrested was not reported. However, authorities said two people were wanted.
Antoni Trenchev co-founded Nexo in 2018 along with Kosta Kanchev, Georgi Shulev and Kalin Metodiev.
Trenchev himself was previously a member of the Bulgarian Parliament.