The Rock Trading was an Italian cryptocurrency exchange and, founded in 2011, one of the oldest in Europe. In February 2023 it suspended operations citing liquidity problems and was subsequently declared insolvent by the Court of Milan, leaving users unable to withdraw funds. Dubbed the "Italian FTX", it is defunct and under court-ordered liquidation — this review is historical and the platform should not be used.
Key Facts
| Item | Details |
|---|---|
| Country | Italy |
| Founded | 2011 (among Europe's oldest) |
| Status | COLLAPSED — insolvent (Court of Milan, 2023) |
| Funds | Users unable to withdraw |
| Verdict | Do not use |
Pros & Cons
Pros
- Historically one of Europe's oldest exchanges
- Long-standing EUR market (until 2023)
Cons
- Collapsed / insolvent since 2023
- Users left unable to withdraw funds
- Under court-ordered liquidation
- Funds reportedly commingled — major red flag
Summary
The Rock Trading is a cautionary tale: a pioneering Italian exchange that collapsed into insolvency in 2023, the "Italian FTX", leaving users stranded. Listed here for the record only — it is defunct and must not be used.