CoinVoice has recently learned that according to Cryptonews, Blockchain.com executives were subpoenaed for failing to submit financial reports in a timely manner. Co-founder and President Nicolas Cary and operating executive Al Turnbull received subpoenas from the Company Registrar in May.

The case against Blockchain.com executives was presented at Cardiff Magistrates’ Court on September 25, with the next hearing set for November 26 to continue the proceedings.

Blockchain.com reportedly filed its 2020 year-end financial statements only this month. Meanwhile, the legal action is related to its failure to file financial statements for the year ending December 2022. [Original link]