- As part of an anti-money laundering operation, the Polish Ministry of Justice seized $350 million belonging to a subsidiary of Crypto Capital and related entities
- Based on information reviewed by The Block, the investigation seems far from over
- Crypto Capital decided to dissolve and liquidate itself in June 2018 and moved its operations to Zug, Switzerland under the name Global Trade Solutions AG
The extent of the fallout after the New York State Attorney General (NYAG) sued Bitfinex is still taking shape, but we do know that $850 million belonging to Bitfinex’s customers is currently missing, or rather, inaccessible. Bitfinex executives have made reassurances that the seized funds would be released within weeks, but a deep dive into information currently known shows that is unlikely to be the case.