Nexo’s Co-Founder Lashes Out at Bulgaria’s ‘Ludicrous’ Charges [ Crypto Espresso 2.22.23 ]

It's Wednesday and you know what that Means another sleep-deprived night Because of a newborn infant Oh I guess it's also the news because oh Yeah I'm your host Andrew and this is Crypto espresso your teeny tiny daily Shot of caffeinated crypto headlines But it's also the first thing I Mentioned so bear with me please first Up an explosive report by a Bulgarian News Outlet suggests that ruja ignatova Who became known as the crypto Queen After creating the onecoin Ponzi scheme Has been murdered it's claimed that she Was killed and dismembered back in 2018 And her body was then tossed into a River on the orders of a drug lord this Is all according to files found in the Possession of a Bulgarian police officer Who was also murdered while the story is Pretty explosive there has been no Official confirmation of whether Ignatova is dead She was recently named As one of the FBI's Most Wanted with a 100 000 reward offered for information Leading to her capture if true this Article could help explain why Witnesses Haven't been all that forthcoming in an Ft collection that raised 5.3 million Dollars in an auction last March sparked Anger when it suddenly announced that The project was being paused frenzies's Twitter account that's weird to read was Then deleted outright with the Project's

Two co-founders switching their accounts To private allegations soon started to Swirl that the project which claimed to Be building a play to earn Tamagotchi-like game was nothing more Than a rug pull the Twitter account Later returned with frenzies insisting That in actual fact they have no plans To go anywhere a tweet added we were Overwhelmed with hate and threats and Both our Twitter and website were Attacked please understand our Intentions and actions here are good Well what a difference a year makes Coinbase suffered a net loss of 2.6 Billion dollars in 2022 with revenues And transaction volumes plunging in the Final three months of the year Unsurprisingly this coincided with the Spectacular implosion of FTX but despite The Doom and Gloom The Exchange actually Managed to bring in more Revenue than Expected on an earnings call Brian Armstrong said he believes increased Regulatory scrutiny following ftx's Demise will end up being a good thing he Added I knew there were going to be Companies that would come in and try to Cut Corners they might even grow really Quickly because it's easier to move fast When you don't have to follow the rules But they wouldn't inevitably come Crashing down and finally nexo's Co-founder says that charges brought by

Bulgarian authorities are ludicrous Hundreds of detectives raided the crypto Lender's offices last month and the Company has since been accused of a slew Of crimes that include money laundering And the establishment of an organized Crime group speaking to Bloomberg and Tony trenchev said prosecutors are Grasping for straws to make the case Stick adding they make a bunch of Accusations and they have no Follow-through after that and it takes Years to exonerate your name because There is no procedure to make them Actually file anything in court so that You can start he went on to claim that There's a rampant lack of rule of law in The country on yesterday's show Goddess120 said love the news oh thanks Not a huge fan of the tone of your voice You use to fare well in a segment other Than that good stuff all right for the Rest of the week let's let's play around With that outro eh today we're gonna be A little sultry be sure to like this Video subscribe to our YouTube channel And click on that little bell icon to Get buzzed whenever a new crypto Espresso video goes live on the flip Side Alfonso pyra said some time ago I Told I didn't like your voice well I was Wrong you are awesome bruh well thanks Alfonso but that's not just your opinion If you're in the mood to cringe try

Listening to some of my news readings From 2021 or don't because I don't want To cause pain to others anyway I'd like To think I've gotten a little bit more Comfortable if you have feedback good or Bad drop a comment below this video Because I'm always looking questions About today's headlines or crypto in General why not ask Alex in that Description below Alex is always a great Resource for all things web 3 and the Metaverse and that about does it for Today as always I'm your host Andrew These have been your headlines and we'll See all of your beautiful faces tomorrow

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