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Gibraltar Court Orders Globix Wallet Freezes Amid Investigations in Lost Funds

Katie Lin

Summary: A Gibraltar court has ordered several crypto exchanges to cooperate with the investigation of $43 million that was lost from collapsed crypto trader Globix, according to a Financial Times report. Crypto.com, Bitstamp and Kraken have been ordered to identify the owners of suspected wallets and Binance to freeze transfers, the report stated. Owner and director ...

A Gibraltar court has ordered several crypto exchanges to cooperate with the investigation of $43 million that was lost from collapsed crypto trader Globix, according to a Financial Times report.

Crypto.com, Bitstamp and Kraken have been ordered to identify the owners of suspected wallets and Binance to freeze transfers, the report stated.

Owner and director of Globix Damian Carreras said the company tried to recover funds but fell victim to cybercrime and theft.

Author: Katie Lin

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