Nexo Bitcoin Withdrawals Surge Following Raid of Bulgarian Offices – Bitcoin News

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Nexo Bitcoin Withdrawals Surge Following Raid of Bulgarian Offices – Bitcoin News
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Nexo, the cryptocurrency lending platform, experienced a significant amount of withdrawals starting Jan. 12, 2023.

After the offices of crypto lender Nexo were raided in Bulgaria, the digital currency lending platform experienced a significant amount of withdrawals starting Jan. 12, 2023.

An archived snapshot of Nexo’s real-time attestation shows that the company held 133,263 bitcoin on that day. As of Jan. 13, 2023, Nexo’s attestation indicates that the company now holds 124,939 bitcoin, with $157.21 million worth of bitcoin having been withdrawn during the past 24 hours.Last year, a number of exchanges experienced withdrawal stress tests, and after

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