March 15, 2025

[ad_1]

“On or about June 21, 2023, Respondent was unable to honor customer withdrawals due to a shortfall of customer funds caused by a significant liability on the Respondent’s balance sheet owed to customers,” the order said. “Additionally, Respondent failed to safeguard assets under its custody and is unable to meet all customer withdrawals.”

[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *