Bitfinex Applies for 3 Subpoenas to Help Recover $880M in Crypto Capital’s Frozen Funds

BitFinex seeks subpoenas from U.S courts to depose U.S based banks after its payment processing firm, Crypto Capital, had its funds frozen in 2019.
This allows BitFinex to prove the company held funds in Crypto Capital’s bank accounts in Poland, Lisbon, London, and across other countries that seized the company’s assets.
The statement from BitFinex reads,“Crypto Capital subsequently transferred funds between and among various banks, including in Europe and the United States.
The court granted the exchange a testimony from a former TCA Bancorp executive on the Crypto Capital accounts.
The exchange was also successful in obtaining a court order in Arizona to check Crypto Capital accounts too.

bitcoinexchangeguide Member since June 14, 2020

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