Mirror Trading International, a defunct cryptocurrency pool accused of fraud by the Commodity Futures Trading Commission, filed for Chapter 15 bankruptcy on Thursday.
- Chapter 15 protects a firm’s US assets while insolvency proceedings play out elsewhere
- Mirror Trading is being liquidated in South Africa, where it was based, according to
court papers
- Mirror Trading is being liquidated in South Africa, where it was based, according to
- Last year, the CFTC
sued the firm and its leader for allegedly operating a Ponzi scheme that scammed thousands of Americans out of Bitcoin worth $1.7 billion at the time Read More: South Africa Takes First Steps Toward Regulating Crypto Assets- The case is Mirror Trading International Ltd., ...
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