Jack Michael Arrington

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    Blockchain firm LCX AG is ‘unlicensed’, warns Liechtenstein regulator

    The financial regulator in Liechtenstein has warned that LCX AG, the "Liechtenstein Cryptoassets Exchange" that describes itself as "A Blockchain Bank For The New Financial World", is not licensed to offer financial services. LCX is operated by Monty Metzger and lists Canadian blockchain proponent Don Tapscott and Wikipedia founder Jimmy Wales among its "Advisors".

    LCX AG: Regulatory Notice

    Public Notice by the Liechtenstein Financial Market Authority that LCX AG "has not been licensed by the FMA and has not submitted an authorization request to the FMA". Editor's Note: Research by OffshoreAlert showed that, in the Liechtenstein Commercial Register, the directors of LCX AG are identified as Katarina Metzger, Jack Michael Arrington, Max Kuo-Wei Wang, and Monty Carl Marc Metzger. On its website at www.lcx.com, the company claims to provide "Solutions for compliant digital assets and security tokens".