BREAKING: FORMER MINE DIGITAL CEO CHARGED WITH $1.4M FRAUD
According to CoinTelegraph, Grant Colthup, the former CEO of Mine Digital, has been accused of fraud for allegedly siphoning $1.47 million from a client attempting to trade for Bitcoin.
The fraudulent activity occurred shortly before the exchange's collapse in September 2022.
Given Bitcoin's current price near $67k, the stolen amount could now be worth more than $5 million.