The search is on for $50m in lost cryptocurrency after two Australian exchanges collapse

The search is on for $50m in lost cryptocurrency after two Australian exchanges collapse

Cryptocurrency Uncategorized
December 11, 2021 by Kitty Stone
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Implosion of online trading hubs highlights pitfalls of what one legal expert describes as ‘tulipmania’ investments Get our free news app; get our morning email briefing Andrew Yeo doesn’t know what’s happened to tens of millions of dollars worth of cryptocurrency belonging to hundreds of clients of the collapsed exchange ACX, but he aims to

Implosion of online trading hubs highlights pitfalls of what one legal expert describes as ‘tulipmania’ investments

Andrew Yeo doesn’t know what’s happened to tens of millions of dollars worth of cryptocurrency belonging to hundreds of clients of the collapsed exchange ACX, but he aims to find out.

In mid-October the veteran insolvency practitioner was appointed administrator of Blockchain Global, the company that used to run ACX, and since then he’s been getting a crash course in all things crypto from the tech experts at the firm where he’s a partner, Pitcher Partners.

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