The crypto exchange falsely claimed it was supported by UK celebrities and “lost” nearly $2 million of its clients’ money, the court found.
The UK High Court has ordered GPay Ltd, an allegedly fraudulent cryptoсurrency trading company, to shut its doors. The firm was accused of falsely advertising support from “high-profile entrepreneurs” and lost £1.5 million ($1.86 million) of its clients funds, according to an announcement published on June 30.
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https://decrypt.co/34205/uk-high-court-shuts-down-alleged-crypto-trading-scam-gpay