Home Bitcoin Australians Lose Millions in Unlicensed Crypto Scheme Targeting Retirement Funds

Australians Lose Millions in Unlicensed Crypto Scheme Targeting Retirement Funds

by Katherine Dowd



Australians Lose Millions in Unlicensed Crypto Scheme Targeting Retirement FundsHundreds of Australians have suffered major losses after a Federal Court ordered the liquidation of NGS Crypto and associated companies for operating without a license. More than 450 investors poured $40.2 million into the scheme, but liquidators have found only $4.6 million in cryptocurrency so far. A Multimillion-Dollar Shortfall Hundreds of Australians who trusted their […]



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