Motion for a Temporary Restraining Order regarding the alleged theft of $8 million of virtual assets in LCX AG, described as "a virtual asset service provider in Liechtenstein" v. John Does at the Supreme Court of the State of New York, County of New York.
Complaint alleging "the unauthorized access to and theft of nearly $8 million worth of various virtual assets" in LCX AG, described as "a virtual asset service provider in Liechtenstein" v. John Does at the Supreme Court of the State of New York, County of New York.
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".
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".