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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Australia's ASIC accuses former CEO of Cryptocurrency exchange Mine Digital of stealing $1.47 million from customers.
Former CEO of Mine Digital, an Australian cryptocurrency exchange, Grant Colthup, is facing a fraud charge, accused of stealing $1.47 million (AUD 2.2 million) from a customer. In a statement on October 21, the Australian Securities and Investments Commission (ASIC) stated that the client paid ACCE Australia 1.5 million dollars but did not receive the exchanged BTC. ASIC said that Colthup must either use the funds to pay ACCE's debts, or buy Cryptocurrency for others, or both. This is the latest accusation against the company, Mine Digital, which collapsed in September 2022. Since then, creditors have sought to recover $16 million from the company. ASIC said Grant Colthup was informed of fraud charges at a hearing at the Ipswich District Court in Queensland, Australia on October 21. The case against Colthup has been adjourned until December 16, 2024. (Cointelegraph)