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

AI Summary 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. UK Court Winds Up Key Coin Assets The U.K. government announced on Aug. 18 that a […] fulltext: 340 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/regulation-and-legal/crypto-firm-shut-down-after-nine-investors-lose-over-300000/ Source: Bitcoin.com News