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Ex-CEO of failed crypto exchange Mine Digital charged with fraud over $2.2 million in missing bitcoin

  • The former CEO of Mine Digital, the company behind the failed cryptocurrency exchange in Queensland, has been charged with fraud.
  • ASIC alleges that the ex-CEO used $2.2 million paid by a customer for Bitcoin to pay off ACCE liabilities and/or purchase cryptocurrency for others.
  • Mine Digital collapsed in September 2022 and was handed to an administrator just weeks before the collapse of US exchange FTX.
  • The case against the ex-CEO has been adjourned to December 16, 2024.

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