A lack of regulation means Australian mum-and-dad investors have lost millions in the collapse of cryptocurrency exchanges.
7.30 speaks to the liquidators appointed to investigate what happened to customers’ funds when Blockchain Global’s ACX trading platform went bust.
Rhiana Whitson reports.
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2 Comments
These customers were not buying cryptocurrency, they were buying IOU's. Cryptocurrency was invented to allow you to avoid these schemes.
Get rich quick! Why don't you transfer money to a Nigerian Prince who needs to park his $50M inheritance in your account? For $500K he will split $50M with you! 😂