Grant Colthup, the ex-CEO of a defunct Australian cryptocurrency exchange, is facing fraud charges. He’s accused of misusing $1.47 million intended for bitcoin purchases. ASIC, the Australian regulator, alleges Colthup violated a law against false or misleading representations. The funds were reportedly used to pay the exchange’s debts or buy crypto for others. The exchange […]
Source: https://news.bitcoin.com/ex-ceo-charged-in-australia-with-stealing-1-47m-from-customer-in-failed-bitcoin-deal/
