At the end of February, a lockdown of activity with 34,000 Italian investors in a panic, as documented by Fatto Quotidiano, followed by an investigation into cryptocurrency transactions. Today, the Court of Milan, with its civil division specializing in business matters, as part of proceedings relating to a complaint of serious mismanagement, began to recall the directors of Digital Rock Holding, the parent company of, among others, The Rock Trading. Italian operator specialized in buying and selling services converting cryptocurrencies and managing digital wallets on behalf of others. A court administrator for Digital Rock Holding spa has also been appointed, as announced by the acting chairman of the Milan court, Fabio Roya, who “has been given extensive managerial powers, including also reviews and evaluations relating to the management of subsidiaries.” The prosecutor’s office in Milan recently filedfraud and theft investigation against the senior management of The Rock Trading after complaints received from clients who complained about the interruption of the platform and, as a result, the inability to access their digital assets to conduct withdrawals. The Florence prosecutor’s office also has an open case.
At the beginning of March, the economic and financial police unit and the special monetary police unit of the Financial Guard, in the course of an investigation coordinated by the deputies Eugenio Fusco and Tiziana Siciliano, as well as the prosecutors Francesco Caggiani and Maura Ripamonti, carried out searches. for the alleged crimes of fraud and embezzlement at the offices and offices of The Rock Trading, a company that told the same investors on its website in late February that the money they placed in bitcoin was frozen due to “difficulties encountered in managing liquidity.” Among the suspects is Andrea Medri, the founder of the company. The investigations also assess the alleged insolvency profiles of a company that was born about a decade ago and is well known in the cryptocurrency sector. The latter direction is coordinated by assistant Laura Pedio and prosecutor Pasquale Addesso. However, the centerpiece of the wider Milan investigation is the reconstruction of what happened to these digital assets, i.e. the bitcoins in which investors have invested their money, without the possibility of their liquidation. (PEN)
Source: II Fatto Quotidiano