a collapsed cryptocurrency stock market of Globix liquidators have received a court order that freezes digital assets and forces crypto exchanges to surrender customer information while seeking lost funds of $43 million.
Searching for Lost Millions of Cryptocurrency Exchange Globix
A court order in Gibraltar earlier this month confirmed that the world’s largest crypto exchange to Binancehas requested several Globix-linked crypto wallets to stop asset migration attempts and client information.
According to the order seen by the Financial Times, the court also required rival exchanges such as Crypto.com, Bitstamp and Kraken to reveal the identities behind some crypto wallets associated with the Globix platform.
According to one person who witnessed the research, bankruptcy lawyers are seeking about $43 million.
Globix was trying to carve out a niche in crypto investing by allowing traders to choose automated trading strategies to choose attractively-valued tokens, but it was hit hard last summer by the unprecedented crypto plunge.
After the failure of FTX in the Bahamas and several major crypto firms in Singapore, financial centers around the world are grappling with the discredit of controversial crypto crashes.
The Gibraltar Financial Services Commission told the FT that it is taking a “proactive approach to environmental issues” and is working with relevant authorities to “help protect consumers and Gibraltar’s reputation.”
Globix closed its doors to investors in June last year due to the crisis of confidence that gripped the crypto market.
After a long struggle to pay investors, Globix went into voluntary liquidation last month.
*Not investment advice.
For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price tracking right now by downloading our apps!