According to local media BTA, Bulgaria's chief prosecutor's spokesperson, Siika Mileva, denied the political motives behind the investigation into the crypto lending platform Nexo, saying that "the investigation of these institutions has become a national movement" and that the case involved alleged " "Modern crime in cyberspace", which is an extremely serious crime, the investigation has been going on for several months, with international partners, and she revealed that an independent international auditor will check Nexo's activities. Foresight News previously reported that the Bulgarian police raided Nexo’s offices on January 12 and said they would coordinate with their U.S. and U.K. counterparts to investigate Nexo’s alleged money laundering and tax crimes.