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The Milan prosecutor's office has opened a file on the cryptocurrency platform The Rock Trading. No further details were provided about the nature of the investigation or the alleged wrongdoing. The Rock Trading is one of the most important cryptocurrency platforms in Italy and offers trading services globally.

There are two hypotheses of crime at the moment: embezzlement and fraud. The platform has informed investors that it has stopped trading due to "difficulties in managing liquidity"

Update: 21 or 22 March the shareholders' meeting of the parent holding company

Update: group set up for legal protection on the proceeding

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