Malta's MFSA freezes client funds at Trive Financial Services Europe
- —MFSA ordered Trive to halt client-account transactions and freeze funds
- —BaFin cited complaints as clients could not reach support or the website
- —Trive offered crypto CFDs with up to 1:5 leverage and weekend trading
- —No insolvency declared; Malta's compensation scheme not yet triggered
Why it matters: Trive clients cannot withdraw funds until the MFSA lifts the order, and crypto-CFD holders have no coins to move on-chain.
Source: CryptoTicker
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