Hamilton Murphy News Today

Millions of dollars in customer funds are likely held in a secured crypto wallet “containing a substantial amount of tether tokens”, administrators said.

South Australia’s premier executive appointments column tracking the movements of those driving the state’s public and private sectors.

More than 130 investors tipped $14.1 million into projects across several states after a marketing blitz run by self-styled property mogul Sasha Hopkins in 2021.

Follow the AFR Super & Wealth Summit; Coalition says any move by Labor to limit super balances, tighten tax concessions would be “massive broken promise”. Updates here.

Liquidators have begun bankruptcy proceedings by filing a creditor’s petition on behalf of Sasha Hopkins and Hunter Capital Investments.

Around 170 staff were owed $575,851 in entitlements as of late September, according to a report filed with ASIC.

Luxury lifestyle brand Mulberry has appointed receivers to its independent Australian franchisee, which was owned by the same retailers behind collapsed footwear and streetwear business Sneakerboy.

Documents logged with Australias corporate regulator showed Sneakerboy owes $500,000 to staff in wages, superannuation and annual leave and $17.2 million to creditors.

Before the luxury footwear and streetwear retailer collapsed, there were already former staff members who had left the business and not received full entitlements.

A quick deal’s a good deal in the world of administrations.