{"id":13041,"date":"2024-01-22T16:37:23","date_gmt":"2024-01-22T15:37:23","guid":{"rendered":"http:\/\/costops.com\/index.php\/2024\/01\/22\/asic-examines-collapsed-bitcoin-company-blockchain-global-after-guardian-investigation\/"},"modified":"2024-01-22T16:37:23","modified_gmt":"2024-01-22T15:37:23","slug":"asic-examines-collapsed-bitcoin-company-blockchain-global-after-guardian-investigation","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/01\/22\/asic-examines-collapsed-bitcoin-company-blockchain-global-after-guardian-investigation\/","title":{"rendered":"Asic examines collapsed bitcoin company Blockchain Global after Guardian investigation"},"content":{"rendered":"<p>Regulator takes action after masthead reveals links between two of company\u2019s directors and a series of failed crypto schemes<\/p>\n<ul>\n<li><a href=\"https:\/\/www.theguardian.com\/australia-news\/2023\/dec\/14\/crypto-currency-schemes-investors-losing-millions-regulation-hyperverse-warning-ntwnfb\">Investors lose millions as crypto schemes operate unchecked in Australia<\/a><\/li>\n<\/ul>\n<ul>\n<li>Get our <a href=\"https:\/\/www.theguardian.com\/email-newsletters?CMP=cvau_sfl\">morning and afternoon news emails<\/a>, <a href=\"https:\/\/app.adjust.com\/w4u7jx3\">free app<\/a> or <a href=\"https:\/\/www.theguardian.com\/australia-news\/series\/full-story?CMP=cvau_sfl\">daily news podcast<\/a>\n<\/li>\n<\/ul>\n<p>Australia\u2019s corporate regulator will examine details of the collapsed bitcoin company Blockchain Global after a Guardian Australia investigation revealed links between two of its directors and a series of failed crypto investment schemes.<\/p>\n<p>Blockchain Global collapsed in 2021 owing creditors $58m, with the liquidator referring its directors \u2013 Allan Guo, Sam Lee and Ryan Xu \u2013 to the Australian Securities and Investment Commission for potential breaches of the Corporations Act. This included possible breaches of director\u2019s duties, breaches of trust and unreasonable director-related transactions.<\/p>\n<p><strong><a href=\"https:\/\/www.theguardian.com\/email-newsletters?CMP=copyembed\">Sign up for Guardian Australia\u2019s free morning and afternoon email newsletters for your daily news roundup<\/a><\/strong><\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2024\/jan\/22\/asic-examines-collapsed-bitcoin-company-blockchain-global-after-guardian-investigation\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/3ae212239522b37517fba12a60e061b77f7bee5b\/197_0_2170_1302\/master\/2170.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=cddc19265784f58bc53bd75b21274850\" title=\"Asic examines collapsed bitcoin company Blockchain Global after Guardian investigation\" \/>Regulator takes action after masthead reveals links between two of company\u2019s directors and a series of failed crypto schemes<br \/>\nInvestors lose millions as crypto schemes operate unchecked in Australia<br \/>\nGet our morning and afternoon news emails, free app or daily news podcast<\/p>\n<p>Australia\u2019s corporate regulator will examine details of the collapsed bitcoin company Blockchain Global after a Guardian Australia investigation revealed links between two of its directors and a series of failed crypto investment schemes.<br \/>\nBlockchain Global collapsed in 2021 owing creditors $58m, with the liquidator referring its directors \u2013 Allan Guo, Sam Lee and Ryan Xu \u2013 to the Australian Securities and Investment Commission for potential breaches of the Corporations Act. This included possible breaches of director\u2019s duties, breaches of trust and unreasonable director-related transactions.<br \/>\nSign up for Guardian Australia\u2019s free morning and afternoon email newsletters for your daily news roundup Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Regulator takes action after masthead reveals links between two of company\u2019s directors and a series of failed crypto schemes Investors lose millions as crypto schemes operate unchecked in Australia Get our morning and afternoon news emails, free app or daily news podcast Australia\u2019s corporate regulator will examine details of the collapsed bitcoin company Blockchain Global &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2024\/01\/22\/asic-examines-collapsed-bitcoin-company-blockchain-global-after-guardian-investigation\/\"> <span class=\"screen-reader-text\">Asic examines collapsed bitcoin company Blockchain Global after Guardian investigation<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":13042,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/13041"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=13041"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/13041\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/13042"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=13041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=13041"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=13041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}