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Aussie Crypto Exchange Sinks Amid Complaints, Missing Fund Allegations
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Australian crypto exchange myCryptoWallet has tanked following a wave of complaints by users and allegations of missing funds, potentially leaving behind countless customers deprived of access to their crypto assets.
Insolvency firm SV Partners has been appointed the liquidator of the troubled business, The Sydney Morning Herald reported.
The exchange’s website, which remains active despite its financial woes, advertises myCryptoWallet as “Australia's First Zero Fee Cryptocurrency Exchange,” and encourages users to buy, sell and trade cryptocurrencies such as bitcoin (BTC), ethereum (ETH), and litecoin (LTC), among others, by using its services.
The website claims that the Australian exchange has served some 30,000 customers, exchanging
Read more on cryptonews.comAbout this in other media
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Australia in CBDC talks as Treasurer claims crypto ‘shake up’ is coming ambcrypto.com /2 years ago
Australian government gives nod to 6 world leading crypto reforms cointelegraph.com /2 years ago
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