ASIC Sues Liang Guo of Defunct ACX Crypto Exchange
ASIC sues ex-ACX director Allan Guo over alleged misuse of customer crypto funds. Guo left Australia in 2024 amid $37M debt claims from Blockchain Global creditors. ACX pooled user funds without segregation, liquidators reveal in court testimony. Australia’s top financial regulator, the Australian Securities and Investments Commission (ASIC), has launched civil penalty proceedings against Liang … Read more