: Factors included a high number of borrower defaults and costly ongoing litigation, such as a major fraud lawsuit involving millions in missing art collateral. Guidance for Investors and Borrowers

: The administrators are responsible for recovering funds from outstanding loans and distributing them to creditors according to the Financial Conduct Authority (FCA) guidelines.

: Loans were secured against high-value personal assets such as jewelry, art, classic cars, boats, and property.

: Approximately 3,500 investors were left with outstanding loans totaling roughly £80 million.

FundingSecure was a UK-based peer-to-peer (P2P) lending platform that specialized in asset-based loans, often described as a "peer-to-peer pawnbroker".

If you are an investor looking for information on a or need to know how to file a claim with the administrators, I can provide those details.

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