TechFlow news, October 21 — According to Cryptonews, executives from Blockchain.com have been summoned for failing to file financial reports on time. Co-founder and President Nicolas Cary, along with operations executive Al Turnbull, received subpoenas from the Companies House in May.
The case against Blockchain.com executives was brought before Cardiff Magistrates' Court on September 25 and is scheduled for a further hearing on November 26 as litigation continues.
Blockchain.com only submitted its year-end financial statements for 2020 this month. Meanwhile, the legal proceedings relate to its failure to file financial statements for the period ending December 2022.
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