“We have taken all necessary measures to ensure the company complies with the requirements,” commented Nicolas Cary, co-founder and president of Blockchain.com, in response to questions about the delay in filing reports. Together with operations director Al Turnbull, Cary was summoned to court by Companies House for failing to submit reports on time.

The court hearing took place on September 25 in Cardiff, with the next session scheduled for November 26. It was reported that the company had only recently filed its report for 2020, while the legal claims relate to the accounts for 2022.

Founded in 2011 in York, Blockchain.com was one of the first companies in the digital currency space and offers cryptocurrency wallets and trading services. In November 2023, the company raised $110 million and was valued at $7 billion (£5 billion).