The crypto trading platform, CoinFLEX, has admitted a “lack of responsiveness in the last two weeks because they have been looking for companies/partners to invest in CoinFLEX and have often been under NDAs with them.” The latest update from CoinFlex to retrieve the $84 million losses from a customer was the announcement that the two co-founders, Sudhu Arumugam and Mark Lamb, announced commencing arbitration at Hong Kong International Arbitration Centre (HKIAC).
Author: Hassan Shittu
Hassan Shittu
Hassan Shittu contributed to Blockchain Journal as a cryptocurrency journalist, covering blockchain technology, digital asset markets, and broader industry developments. His reporting focused on delivering clear, timely coverage of crypto-related news, with attention to market structure, ecosystem trends, and factual accuracy.
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Britain’s Investment Association requested the approval of the Government on Thursday to allow the use of blockchain technology with tokenized funds. The use of blockchain technology to run tokenized funds will make it easier for retail investors to buy illiquid assets.
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