Express

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

  • New All-Time High for BTC: Weekly Market Outlook & Strategy 3 hours ago
  • Bitcoin Surges to New Highs, Momentum Points to Further Gains 4 days ago
  • Circle Intensifies Stablecoin Push with Key Exchange Partnerships 5 days ago
  • Trump's "Big and Beautiful" Bill Passes: Biden and Harris Criticize, Financial Expert O... 11 days ago
  • Silicon Valley Giants, Trump Ally Launch 'Crypto Bank' Erebor, Aiming to Fill SVB Void 12 days ago
  • You need to login to comment.