Bitcoin
$63,116.87-2.06%
Ethereum
$3,120.70-0.98%
Binance Coin
$594.53-3.04%
Solana
$136.58-5.10%
XRP
$0.51930384-1.12%
Dogecoin
$0.14667106-2.40%
Toncoin
$5.35-0.06%
Cardano
$0.45764259-2.85%
Shiba Inu
$0.00002494-2.31%
Avalanche
$34.19-3.72%
Tron
$0.11920872+1.53%
Wrapped Bitcoin
$63,336.41-1.81%
PlayIconNav
Crypto Prices CoinDesk 20 Index CoinDesk 20 Index
Countdown to Consensus 2024The largest and longest running event that covers all sides of Crypto and Web 3
32
DAYS
09
HR
23
MIN
56
SEC
Policy

Gibraltar Court Orders Crypto Wallet Freezes as Investigators Probe Failed Trader Globix: FT

The court has ordered Binance, Crypto.com, Bitstamp and Kraken to freeze wallets or identify owners linked to the collapsed crypto trader.

By Jack Schickler
AccessTimeIconApr 25, 2023 at 8:06 a.m. UTC
Updated Apr 25, 2023 at 2:25 p.m. UTC
Gibraltar-based Globix is trying to recover crypto funds in liquidation proceedings. (lutz/Pixabay)
Gibraltar-based Globix is trying to recover crypto funds in liquidation proceedings. (lutz/Pixabay)
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

A Gibraltar court has ordered several crypto exchanges to cooperate with the liquidators of collapsed crypto trader Globix, who are seeking to track $43 million that went astray, according to a report in the Financial Times.

Crypto.com, Bitstamp and Kraken have been ordered to identify the owners of suspect wallets, and Binance to freeze transfers, said the report, which cited the April 13 court order and talks with a person familiar with the search.

Gibraltar has sought to become a crypto hub, housing spot trading services for the Huobi exchange and ZUBR, a subsidiary of collapsed crypto exchange FTX.

Globix stopped receiving investments last June amid turmoil in the crypto market and filed for liquidation last month. Damian Carreras, its owner and director, who is from Gibraltar, told the FT it had tried to recover funds, but had been the victim of cybercrime and theft.

Edited by Sheldon Reback.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Jack Schickler
Jack Schickler

Jack Schickler was a CoinDesk reporter focused on crypto regulations, based in Brussels, Belgium. He doesn’t own any crypto.

Follow @jackschickler on Twitter

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.