The London Crypto Exchange (LBX) has entered a mandatory liquidation process

Dragon Payments Ltd., the company behind the London Block Exchange (LBX), announced on Thursday that it had entered a mandatory liquidation process on January 31. Paul Cooper and Paul Appleton of David Rubin Partners were appointed joint liquidators by the Secretary of State for Commerce earlier this week. "The joint liquidator and his team are working to address customer concerns, including recovering arrears, as a priority," the company said in a statement.