FXstreet.com (Barcelona) - The Swiss Financial Market Supervisory Authority (FINMA) decision in its special investigation on the activities of Crown Forex is to liquidate it. The decision has been taken on February 23rd.
Crown Forex has now 30 days to present its allegations against the FINMA decision. As long as the decision is not effective, the accounts of Crown Forex S.A. are blocked and customer withdrawals are not possible. The final resolution will be released not later than March 23, 2009.