Bitcoin.com

Crypto Firm Shut Down After Nine Investors Lose Over £300,000

Crypto Firm Shut Down After Nine Investors Lose Over £300,000WorldPing

A U.K. court shut down Key Coin Assets Ltd. after nine investors who complained to Action Fraud paid more than £300,000. Investigators found no evidence of genuine trading and described its operation as displaying hallmarks of a Ponzi-style scheme.

This is a short WorldPing brief. The full report was published by Bitcoin.com.

Read the full report at Bitcoin.com

Related news

Here’s what happened in crypto todayWorldPing
Cointelegraph

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

Brief by WorldPing · Original reporting by Cointelegraph