Gifa Inc (GIFX)

[ForReal]

The CEO getting busted on "financial crimes" and unable to provide proof of "I've been cleared of all charges via a TRNC court

Well, it does seem kind of odd to me that the court has had all the Kisa info for over 10 months and has not cleared Kisa or publicly accepted his remedial action. Seems the court would be cognizant of the effect on GIFX business, by not acting swiftly to determine if GIFX/Kisa has adequately done what is necessary to get a determination by the court.
But, of course, there is this part of the investigation:
Koç also stated that a citizen purchased GIFX cryptocurrencies worth £11,000 from businesses named Gifa Holding LTD and Grandex Finance LTD, which the suspect was the director, on March 31, 2021, and upon filing a report to the Financial Crimes Department about the cryptocurrency that it cannot be converted into cash, exchanged for other currencies, and used for shopping, the required investigation carried out by contacting Central Bank of the TRNC.

https://www.scammeryusufkisa.com/swindler-yusuf-kisa-gifa-holding-owner-arrested-as-a-result-of-launched-investigation.html