Internet reports that Crowdfundinsider reported that British digital bank and cryptocurrency platform Ziglu has entered special bankruptcy management procedures, and the company is facing serious financial difficulties. Founded by former Starling Bank co-founder Mark Hipperson, Ziglu has raised funds in multiple rounds of crowdfunding and was almost acquired by American brokerage Robinhood. The UK's Financial Conduct Authority (FCA) imposed restrictions on Ziglu on June 13, prohibiting it from issuing electronic currency, providing payment services or operating as a crypto asset exchange and wallet provider. Ziglu has urged all customers to withdraw e-currency and crypto-assets from exchange and wallet accounts.