According to ChainCatcher, Australian cryptocurrency company NGS Crypto has changed its name to "Hiddup" amid ongoing investigations and legal actions by the Australian Securities and Investments Commission (ASIC). NGS Crypto claims they are rebranding due to a trademark dispute.

In addition, ASIC accused NGS Crypto and its affiliates of providing financial services without holding an Australian financial services license, involving an amount of approximately A$61 million (approximately US$41 million).