THE HASH: Crypto Lender Nexo Under Investigation in Bulgaria; Sam Bankman-Fried Denies Stealing FTX Funds

The most valuable crypto stories for  Thursday, January 12, 2023. 

“The Hash” group discusses the latest headlines moving the crypto markets, including crypto lender Nexo being investigated by authorities in Bulgaria on suspicion of money laundering, tax offenses, banking without a license, and computer fraud. Plus, former FTX CEO Sam Bankman-Fried denies stealing funds and claims FTX and sister company Alameda Research collapsed because of the crypto market meltdown and inadequate hedging on Alameda’s part, in a new post on Substack.

See also:

Crypto Lender Nexo Targeted in Bulgaria Probe Into Alleged Money Laundering, Tax Violations

Sam Bankman-Fried Denies Stealing FTX Funds in New Online Post

FTX Loan Wiped Out $800M in BlockFi Executives’ Equity, Court Filing Reveals

This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

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