According to Foresight News, Cointelegraph reported that the Australian cryptocurrency company NGS Crypto has changed its name to "Hiddup". NGS Crypto said that they rebranded because of a trademark dispute. The company is currently under investigation and legal action by the Australian Securities and Investments Commission (ASIC) involving interest owed to investors of approximately A$61 million (US$41 million). In April this year, the assets of the company's directors Mark Ten Caten, Brett Mendham and Ryan Brown, as well as the company's funds, were frozen.
