On Friday, the United Kingdom government announced that an insolvency inquiry into Micasa WW Ltd and Remultex Ltd showed that between February 2019 and December 2020, the companies engaged in bitcoin fraud, transferring close to £1.3 million through their accounts without any trace. In a press release, the United Kingdom says the two companies fumbled the bag during interrogation about the unrecorded hefty transfers forcing the High Court to order liquidation and close of their accounts on grounds of lack of accountability. “Micasa, along with associated company Remultex, both shut down after accounts failed to explain large payments, and misuse […]