Begbies Traynor Group

Statement regarding Miracle World Ventures Limited (In Liquidation) operating as “Globix” or “Globix Cash” (“the Company”)

Meeting Room Chair
Date Published: 13/03/2023

Brian Robert Simpson, Adrian Hyde and Joanne Wild, of Begbies Traynor (“the Liquidators”), were appointed as Liquidators of Miracle World Ventures Limited on 10 March 2023.

Following their appointment, the Liquidators are making contact with all known creditors and investors/customers, who should expect to be contacted over the coming 2 days.

A virtual town hall meeting will be hosted by Monday, 20 March 2023, at which the Liquidators will provide an update, and creditors and investors will have the opportunity to pose questions.

In the meantime, if interested parties have any questions or matters that they wish to raise with the liquidators, they should contact: [email protected]

Adrian Hyde commented on behalf of the Liquidators:

“At this early stage of the liquidation we are developing a strategy to protect the assets of the Company and those under its management for the benefit of the creditors, with our initial focus on securing the crypto assets and the Company’s operating platform alongside establishing the circumstances leading to the Company’s liquidation.

“Liquidation processes, particularly where crypto assets are concerned, can take time to conclude but we will provide regular updates for customers and creditors directly, and frequent opportunities for Q&As. ”

About The Author

Meet the Team

Adrian is an Insolvency Practitioner and a solicitor. Prior to joining CVR (acquired by Begbies Traynor Group in 2021), he was a Partner in two well-known law firms, specialising in insolvency, proceeds of crime and fraud work.

Experienced in working on a wide range of insolvency matters, the majority of Adrian’s assignments involve crime or dishonesty and many involve overseas issues at offshore jurisdictions and business centres.

Adrian has been splitting his time between London and Gibraltar while working on the liquidation of an international law firm. This has provided an opportunity to focus on the expansion of Begbies Traynor’s international business and has led to an increasing amount of international work.

Adrian is a former President of R3, the UK trade body representing the insolvency profession.

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