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Crypto lender Nexo shuts down 2 UK-based subsidiaries

By Zeynep Geylan at 2026-05-06 07:40

Sentiment: Negative

London-based crypto lender Nexo (NEXO) has shut down two of its subsidiaries located in the U.K. on May 11, Bloomberg News reported. The lender is also going under an investigation in Bulgaria for allegedly being involved in an organized crime scheme, the Bloomberg article noted. Branches shut down The lender applied to the U.K. authorities […] The post Crypto lender Nexo shuts down 2 UK-based subsidiaries appeared first on CryptoSlate. Continue reading...

Categories: Exchanges

Tags: #Exchanges #Featured #Legal

Source CryptoSlate