“Among other reasons, the company’s accounting and financial records have not been properly maintained,” the interim judicial managers (IJM) said in their first report to the court and the company’s creditors. In addition, some company directors and other employees are preventing access to “various key books and records.”
Related posts
-
Does US Dollar Need to Collapse for Bitcoin to Hit $200K? Bitwise Says No
Bitwise’s chief investment officer predicts bitcoin could reach $200,000 without a U.S. dollar collapse, outlining a... -
FTX’s Nishad Singh Gets No Prison Time for Role in Crypto Exchange Collapse
Singh, 29, who pleaded guilty to six criminal counts including wire fraud and conspiracy in February,... -
Binance Launches New Crypto Exchange-Based Platform for Wealth Managers and High Net Worth Clients
The leading crypto exchange by trading volume is launching a new platform built with high-net-worth clients...