REUTERS

Company not at risk from FTX collapse

Gibrltar-based Zubr Limited is not affected by the cryto giant's recent collapse

DEBBIE BARTLETT

The Minister for Digital and Financial Services, Albert Isola, says Gibraltar-registered company Zubr Limited is not affected or at risk from the recent collapse of the multi-billion crypto giant FTX in the Bahamas. Speaking to local TV station GBC, he confirmed that Zubr has never traded and that the Rock's robust DLT regulation and corporate governance protects client assets to avoid similar scenarios occurring in Gibraltar.