The former CEO of Australian cryptocurrency exchange Mine Digital is facing a fraud charge for allegedly stealing $1.47 million (2.20 million Australian dollars) from a customer who had tried to exchange funds for bitcoin.
The Australian Securities and Investments Commission (ASIC) said in a statement on October 21 that Mine Digital customers paid ACCE Australia $1.50 million but never received the cryptocurrency.
ASIC accused Colthup of either using the funds to pay off ACCE's debts, or to purchase cryptocurrency for others, or both.
Regulator Says Former CEO of Mine Digital Stole $1.50 million From Bitcoin Users
2024-10-22 03:57:22
Australia crypto currency trading mining digital chief executivedesk3cryptocurrencydesktopCrypto News
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