CoinWorld news, the UK crypto financial platform Ziglu has entered special administration on July 7 due to severe financial difficulties, taken over by restructuring advisory firm RSM. Ziglu was founded by a former co-founder of Starling Bank and was favored by Robinhood with plans for acquisition, but the deal ultimately fell through. Previously, Ziglu froze Boost investment accounts due to financial issues and signed an agreement with the FCA to halt electronic money issuance and crypto services.[crowdfundinsider]