The Australians involved in blockchain are not without drama either. According to PANews, the Australian Securities and Investments Commission (ASIC) has just filed a civil lawsuit against Mr. Allan Guo – the former director of Blockchain Global – for a series of actions believed to have disrupted the financial process.
Specifically, what does this mean? 🤔
💀 The customer fund at ACX exchange – a trading platform that was once part of Blockchain Global – is managed in a 'brotherhood' style, lacking transparency, distorting cash flows, and particularly… not bothering to keep proper records.