According to Foresight News, wealth management firm JAR Capital has been ordered by a court to cease operations due to unpaid debts. Some of the reasons for this decision include issues with the company's bets on cryptocurrencies and leisure assets, as well as a failed bid to acquire a bank. JAR Capital had previously invested over £2 million in cryptocurrency trading platform BlockEx.

JAR Capital was founded in 2014 by Francis Menassa and Fadi Sarandah. Sarandah left the company in 2017 but has requested the liquidation of the firm through a holding company as a creditor.