Allegedly Fraudulent Crypto Exchange Shut Down by UK High Court

Cointelegraph

Published Jun 30, 2020 06:08PM ET

Updated Jun 30, 2020 07:40PM ET

The UK High Court has appointed the Official Receiver as liquidator of the cryptocurrency trading platform, GPay Ltd.

According to an announcement published by the UK Insolvency Service on June 30, the crypto exchange showed signs of being "nothing but a scam”.

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