Tag: Washington

Nexo Slams $3 Billion Lawsuit Against Bulgaria, Citing Reputational and Financial Damages

Cryptocurrency lending platform Nexo is seeking damages worth $3 billion from the Bulgarian government. According to Nexo, the investigations allegedly cost the company a major soccer sponsorship deal and a stock market listing in the United States. Nexo and its subsidiaries filed an arbitration claim with the International Center for Settlement of Investment Disputes (ICSID) …

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