UK crypto platform Ziglu enters special administration

UK crypto financial platform Ziglu entered special administration on July 7 due to severe financial difficulties, and is now under the control of RSM restructuring advisory firm. Ziglu was founded by the former co-founder of Starling Bank, and was once favored by Robinhood and planned to be acquired, but the deal ultimately fell through. Previously, Ziglu froze Boost investment accounts due to financial problems and signed an agreement with the FCA to stop issuing e-money and crypto services. [crowdfundinsider]