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Plus500 just admitted that ALL of its UK accounts are frozen

From businessinsider.com

The Plus500 fiasco around customer identity checks just keeps getting worse for everyone involved. The spreadbetting company admitted today at its annual general meeting in London that ALL of its UK accounts have been frozen while it double checks the identity of who owns them. When the saga first broke last week the company said just 55% of UK accounts had been frozen. The massive upward revision is bad news for for customers, who can't get access to their cash, but also for Plus500 investors. The UK business accounts for half of all Plus500's revenue and more of it frozen means more lost revenue. The admission ... (full story)

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