The former CEO of Australian crypto exchange Mine Digital has been charged with fraud in the amount of $1.47 million (AUD$2.2 million). ASIC claims that the customer paid for Bitcoin but never received it.

- The exchange went bankrupt in September 2022, leaving creditors with debts of $16 million.

- The trial is scheduled for December 16, 2024.

- Bitcoin is now worth about $67,460, making the lost funds even more significant. 💸