Global Statement from the Board of Trustees | Date: May 2025
Subject: Transparency, Innovation, and Our Commitment to Decentralized Finance
LEN24 Bank & Blockchain Trust ("LEN24") has become aware of misleading associations and third-party listings falsely implying that our organization is a clone or impersonator of a regulated entity. We unequivocally refute these claims.
We are not a clone. We are not impersonating any entity. We are the original LEN24 Bank & Blockchain Trust.
WHO WE ARE
LEN24 is a pioneering digital financial institution operating as a Blockchain Trust with a clearly defined legal framework. We were lawfully established under the United Nations Commission on International Trade Law (UNCITRAL) and recognized via the Blockchain Business Registry with Company Filing No. 00016120230112. We are a technology-first, globally oriented organization headquartered on-chain, operating across jurisdictions, and committed to borderless banking through smart contracts and blockchain trust infrastructure.
OUR LEGAL STATUS
LEN24 Bank & Blockchain Trust is an irrevocable, decentralized trust registered under international commercial and treaty-based protocols. We do not claim to be a "traditional bank" under any single nation’s banking law, nor are we required to be. Instead, we provide trusted custodial, tokenization, and decentralized finance (DeFi) services through our transparent, secure, and globally accessible blockchain infrastructure.
WHY WE DON’T NEED TRADITIONAL REGULATION
Our framework is not based on fractional reserve banking or retail deposits. We do not issue credit, take consumer savings, or hold funds on behalf of retail clients in the manner of traditional institutions. Instead, we serve:
- High-net-worth individuals
- Institutional clients
- Asset managers
- Family offices
- Sovereign clients
Our clients join us with full contractual consent, understanding that we operate under blockchain trust law, smart contracts, and decentralized protocols.
We maintain voluntary audit, documentation transparency, and due diligence standards that meet or exceed those of traditional finance institutions.
ON THE CLAIMS BY A REGULATORY ENTITY
We respect global regulators and their responsibility to protect the public. However, we firmly state:
- We have never advertised or solicited retail clients in the UK or under the jurisdiction of the entity suggesting the warning.
- We do not share branding, structure, personnel, or legal entities with the institution we are allegedly “cloning.”
- We operate transparently under a legally filed, cryptographically verified Trust.
Any suggestion to the contrary is unsubstantiated and harmful.
OUR TRACK RECORD
LEN24 is a pioneer in:
- Blockchain Vault Accounts
- Tokenization of Real-World Assets
- Circular Economy Business Modeling (via LoopCash)
- Cross-Border Smart Payments
- Blockchain-Based Financial Education & Wealth Structures
We operate with integrity, innovation, and a commitment to transforming finance in a way that serves people, not just systems.
SEARCHING FOR US ONLINE
We encourage journalists, clients, and researchers to verify our status at:
- Our blockchain registration hash: 0x0c3518711b807cb2edc610cb3e76d4081fd40c36f4366a15f8b66f 2f15d0cd92
FINAL WORD
LEN24 Bank & Blockchain Trust is not in conflict with the global financial system. We are the next stage of its evolution.
We are not anonymous. We are not hiding. We are technologists, financial engineers, and pioneers standing in the light.
For more information, contact: legal@len24bank.com www.len24bank.com
Company Information
Organization:LEN24 Bank and Blockchain Trust
Contact Person Name:Andy McIntyre
Website:http://www.len24bank.com/