PANews July 13 news, according to Cointelegraph, the UK cryptocurrency fintech company Ziglu, which collapsed earlier this year, has a funding gap of £2 million ($2.7 million), leaving thousands of depositors facing the risk of losing their investments. It is reported that due to growing concerns about the company's financial management, it was placed under special administration last week, having previously suspended withdrawal services in May. Ziglu attracted around 20,000 customers with promises of high-interest returns. However, its products lack protection or segregation measures, allowing the company to use customer funds for daily operations and lending activities. After the UK Financial Conduct Authority (FCA) intervened in May, withdrawal operations were frozen, and depositors' funds were frozen for several weeks.