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Quetzal Capital PLC ( (GB:TAP) ) just unveiled an announcement.
Tap Global Group plc announced that the High Court of Justice Business and Property Courts of England and Wales has dismissed all claims brought by John and Daniel Nwikpo against Tap N Go Limited and CEO Arsen Torosian, claims that had been previously disclosed in the company’s AIM admission documentation. The company itself had already been removed entirely from the proceedings in 2024 via summary judgment, and the court’s latest decision removes the remaining legal overhang around its management and related entity, helping to clear a potential source of reputational and operational risk as Tap Global continues to build out its regulated crypto and payments platform internationally.
More about Quetzal Capital PLC
Tap Global Group plc is a digital finance company that bridges traditional banking and blockchain technology, providing integrated fiat payment and cryptocurrency settlement services to over 390,000 individual and business customers. Via its Tap app, users can trade more than 50 cryptocurrencies, store them in wallets, and benefit from proprietary AI-driven best execution across multiple exchanges, while its Mastercard-approved Tap card enables European customers to convert crypto to fiat and spend at over 37 million merchant locations worldwide; the group operates through regulated subsidiaries in Gibraltar and Bulgaria for European and EU markets, and Tap Americas LLC in Florida for US clients.
Average Trading Volume: 1,580,359
Technical Sentiment Signal: Strong Sell
Current Market Cap: £1.93M
For a thorough assessment of TAP stock, go to TipRanks’ Stock Analysis page.