The UK-based cryptocurrency mining platform, BTCMining, has been ordered to cease operations by the court after facing allegations of international fraud. The company, which provided ‘cloud mining’ services across various countries, failed to deliver promised returns and blocked users from withdrawing funds. Investigations by the UK Insolvency Service revealed several violations, including a falsified registered address, the disappearance of its sole director, and the closure of its website. Victims from nations like Estonia and Mauritania have reported losses exceeding $18,000, although the actual amount defrauded may be higher. The Manchester High Court reached this decision after a hearing on April 28th.