{"id":1485,"date":"2024-10-22T11:16:44","date_gmt":"2024-10-22T11:16:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1485"},"modified":"2024-10-22T11:16:44","modified_gmt":"2024-10-22T11:16:44","slug":"just-before-bankruptcy-this-crypto-exchanges-ceo-allegedly-used-money-deposited-by-customers-to-buy-bitcoin-to-pay-off-companys-debts","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1485","title":{"rendered":"Just Before Bankruptcy, This Crypto Exchange&#8217;s CEO Allegedly Used Money Deposited By Customers To Buy Bitcoin To Pay Off Company&#8217;s Debts"},"content":{"rendered":"<div>\n<p>Australia\u2019s financial market regulator charged the former CEO of a defunct cryptocurrency exchange for embezzling $1.47 million that a customer had sent to buy <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>).<\/p>\n<p><strong>What Happened<\/strong>: In a press release shared Tuesday, the Australian Securities and Investments Commission (ASIC) stated that <strong>Grant Colthup<\/strong>, the ex-CEO of <strong>Mine Digital,<\/strong> allegedly used the funds to pay off the liabilities of the parent company, <strong>ACCE Australia Pty Ltd,<\/strong> or buy cryptocurrencies for others, or both. <\/p>\n<p>The customer deposited the funds but never received the promised &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41447691\/just-before-bankruptcy-this-crypto-exchanges-ceo-allegedly-used-money-deposited-by-custome\" alt=\"Just\" before bankruptcy this crypto exchange ceo allegedly used money deposited by customers to buy bitcoin pay off company debts>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Australia\u2019s financial market regulator charged the former CEO of a defunct cryptocurrency exchange for embezzling $1.47 million that a customer had sent to buy Bitcoin (CRYPTO: BTC). What Happened: In a press release shared Tuesday, the Australian Securities and Investments Commission (ASIC) stated that Grant Colthup, the ex-CEO of Mine Digital, allegedly used the funds [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-1485","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1485"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1485\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}