crypto capital corp.

Crypto Capital Corp. was a payment processor and financial services company that provided banking services to cryptocurrency exchanges and other businesses that struggled to maintain relationships with traditional banks. Operating primarily out of Panama and Switzerland through a network of shell companies, it processed hundreds of millions of dollars for clients like Bitfinex, QuadrigaCX, and CEX.io. The company's operations collapsed in 2018-2019 after its funds were seized by authorities in several countries and its key principals were indicted by the U.S. Department of Justice on charges including bank fraud, wire fraud, and operating an unlicensed money transmitting business. Its failure led to an $850 million loss for the exchange Bitfinex, a key event in the crypto industry's history.