UK’s Blockchain.com Executives Face Prosecution for Late Account Filings

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UK’s Blockchain.com Executives Face Prosecution for Late Account Filings In a significant legal development within the cryptocurrency sector, Blockchain.com’s co-founder Nicolas Cary and operations executive Al Turnbull are facing prosecution for failing to submit the London-based company’s accounts on time, according to Cryptonews.

Nicolas Cary and Al Turnbull are now under legal scrutiny for their roles in the delayed submission of Blockchain.com’s financial accounts.

Failure to file accounts can lead to an unlimited fine upon conviction.Blockchain.com cited restructuring and staff reductions as reasons for the delay and stated that its directors are taking steps to comply with filing requirements.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: IndiaUnited Kingdom

Topics: BLOCKCHAIN Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-21 @ 10:31:47 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 727 words

Reading Time: 5 minutes read

Sentences: 35 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23151485

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 12 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 12 hours ago

Coverage Areas: India

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Publisher ID: #121

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