FILE PHOTO: Representations of a cryptorurrency are seen in front of Nexo logo in this illustration taken, January 13, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
LONDON (Reuters) - Cryptocurrency lender Nexo is seeking $3 billion in damages from Bulgaria over an aborted criminal investigation that the company alleges scuppered its plans for a U.S. stock market listing and a soccer sponsorship deal, legal filings seen by Reuters show.
Nexo AG, a Swiss unit of Cayman Islands-based Nexo Capital, alleges the investigation tarnished its reputation and destroyed shareholder value, according to a document filed with the World Bank's International Centre for Settlement of Investment Disputes (ICSID).
