Regulators say former Mine Digital CEO stole $1.5 million from Bitcoin users
the former CEO of Mine Digital, an Australian cryptocurrency exchange, is facing fraud charges for allegedly stealing $1.47 million (AUD 2.2 million) from a customer who attempted to exchange funds into Bitcoin. The Australian Securities and Investments Commission (ASIC) stated in a statement on October 21 that Mine Digital's customer paid $1.5 million to ACCE Australia but never received the cryptocurrency. ASIC alleges that Colthup either used these funds to repay ACCE's debt, purchased cryptocurrency for someone else, or both.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x UAI: Trade futures to share 200,000 UAI!
New spot margin trading pair — KITE/USDT, MMT/USDT!
STABLEUSDT now launched for pre-market futures trading
The transaction fees for Bitget stock futures will be adjusted to 0.0065%
Trending news
MoreCrypto prices
More
