Phoenix Community Capital disappears with investor funds
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Phoenix Community Capital, a cryptocurrency investment firm with links to parliamentary groups, appears to have vanished from the public.
The disappearance has left several investors fearing the loss of tens of thousands of pounds in investment and questioning its relations with APPGs.
Phoenix Community Capital went public as an investment scheme and a cryptocurrency project at the beginning of 2022, valued at £665 million ($800 million) at one point.
The vanishing of
The community sponsored one all-party parliamentary group (APPG), and its co-founder Luke Sullivan gave a speech at a second APPG event. He also appeared as a panelist in parliament peer-hosted events.
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