Mine Digital CEO Grant Colthup's assets pursued by liquidator
Liquidators of Mine Digital, a collapsed Aussie cryptocurrency exchange, have applied to freeze the CEO’s assets and want a court to order him to pay compensation.
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Liquidators of Mine Digital, a collapsed Aussie cryptocurrency exchange, have applied to freeze the CEO’s assets and want a court to order him to pay compensation.
Multiple scams relying on one now collapsed Australian exchange to funnel funds offshore illustrate the big issues facing the cryptocurrency industry.
PKF partner Brad Tonks told creditors he needs more funding to find out where the $16 million that creditors are chasing has gone.
Administrators said they hoped to learn more after a computer was shipped from Queensland to Sydney, which might provide insight into funds held in digital wallets.
The collapse of Mine Digital comes as it is being sued for allegedly not doing enough to weed out scammers from using its platform.