British political donor and cryptocurrency investor Christopher Harborne(Christopher Harborne)'s company is expected to incur losses due to the failed acquisition of Argentex Group. According to a report released by Argentex administrators, Harborne's IFX (UK) Ltd. may face a shortfall of £35 million (approximately $47 million) on a loan that was originally intended for the currency broker. The final financial impact remains uncertain and awaits further asset sales and the confirmation of related costs.
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British political donor and cryptocurrency investor Christopher Harborne(Christopher Harborne)'s company is expected to incur losses due to the failed acquisition of Argentex Group. According to a report released by Argentex administrators, Harborne's IFX (UK) Ltd. may face a shortfall of £35 million (approximately $47 million) on a loan that was originally intended for the currency broker. The final financial impact remains uncertain and awaits further asset sales and the confirmation of related costs.