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What will be the outcome of the fraud trial involving Grant Colthup by the end of 2024?
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Resolution / Starting Odds
Guilty • 25%
Not Guilty • 25%
Case Dismissed • 25%
Settlement Reached • 25%
Court verdicts or official announcements from the Australian legal system
Story
Former Mine Digital CEO Charged with Fraud Over $2.2M in BTC
Oct 22, 2024, 04:10 AM
Grant Colthup, the former CEO of the Australian crypto exchange Mine Digital, has been charged with fraud by Australia's corporate watchdog, the Australian Securities and Investments Commission (ASIC). Colthup is accused of misappropriating $2.2 million in Bitcoin (BTC) to cover debts before the platform's collapse. Additionally, he allegedly stole $1.47 million from a customer who intended to swap the funds for Bitcoin just before the exchange went bust in September.
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