
Bitcoin-Focused Project Brink to Get $5M Donation from Jack Dorsey’s Relief Fund
The nonprofit has also received donations from digital assets firm Nexo.
$0.56
1H
-0.10%$0.0006
24H
-1.82%$0.0104
7D
0.93%$0.0052
30D
-7.05%$0.0424
The NEXO cryptocurrency is a digital token of the credit platform of the same name. With NEXO, each member of the platform will be able to get a loan at a minimum interest rate, and other part of the users will be able to provide a loan. The risk of losing money is reduced to zero.
The nonprofit has also received donations from digital assets firm Nexo.
In addition to paying fines, Nexo will reportedly cease its unregistered lending product to all US investors.
Nexo filed the lawsuit against the CIMA shortly after the Bulgarian police raided its office in Sofia.
Prosecutor General spokesperson for Bulgarian police denied any political agenda behind the recent raids on Nexo’s office in Bulgaria.
The Bulgarian police has raided Nexo’s office on charges of “organized crime, money laundering, tax evasion, banking activity without a license, and computer fraud”.