Mirror Trading International grabbed headlines after it allegedly scammed 280,000 investors by posing as a multi-level marketing scheme, promising get-rich-quick returns for the investors.
iCE3 has announced that it has initiated the liquidation proceedings after it found discrepancies in its BTC and Litecoin (LTC) balances.
Mirror Trading International was forced into liquidation in December 2020, amid claims it was operating illegally and fraudulently.
Creditors were now able to log claims via the Cryptopia claims portal, inviting those still owed money since the firm collapsed to register their interest.
New Zealand-based crypto exchange Cryptopia was likely in breach of its compliance obligations in the run up to being hacked.
Now known as Dragon Payments, LBX has long been reported to be in financial struggles and now, it’s been officially placed in compulsory liquidation by the U.K
BCause had filed for reorganization but its creditors asked the court to turn it into liquidation. It will lay off 27 full-time employees.
Grant Thornton, which was appointed to manage the liquidation, confirmed it had difficulty in obtaining data from Cryptopia servers.
New Zealand-based Cryptopia is closing after filing for bankruptcy, several months after the crypto exchange was hit with a $15 million hack.
