Nexo will Sue Bulgaria for 1,000,000,000 Dollars

"What is happening in Bulgaria affects my business and life plans in a very small way." This is what the co-founder of Nexo, Antoni Trentchev, said in his first interview on Nova TV.

The former MP from the party of Meglena Kuneva's "Citizens Movement Bulgaria" announced that he has not lived in Bulgaria for a long time.

"The actions of the Bulgarian authorities are absurd, unnecessary and a large part of them - illegal. We will respond in the appropriate way to this," said Trentchev.

He rejected claims that his company funded terrorists and again described them as "absurd".

"The truth is that the only thing we saw after the action were two flying sheets with standard text. This is what was shown to our colleagues who were briefly detained in Sofia," he said.

According to him, the official charges - his and Kosta Kanchev's - have not yet been served.

Trentchev categorically stated that he does not know Mahmoud Mohammed, who is on the prohibited list of wanted persons of the Israeli services.

"Besides, he is not a client of Nexo", he specified, refuting the official thesis of the prosecution.

Trentchev explained that Mohammed had been doing transactions on Nexo for two years before he was listed.

"We as an institution monitor all incoming and outgoing transactions on our platform in real time," explained the businessman.

He specified that this is a certified program that monitors whether cash flows are clean or not. It was used by the CIA and the FBI.

"This is only possible with blockchain technologies and cryptocurrencies," explained Trentchev.

Later, Nexo also released a video to the media, showing that the transactions...