📢 Breaking News! Crypto firm Hiddup rebrands amid $41M investigation and legal woes

Australian crypto company NGS Crypto has just rebranded to “Hiddup” amid an ongoing investigation and legal action by the Australian Securities and Investments Commission (ASIC). 🚀

On June 25, NGS Crypto reportedly claimed they conducted the rebrand due to a trademark dispute. However, this move comes amidst an ASIC case involving approximately 61 million Australian dollars ($41 million) in interest owed to investors. The company’s directors, Mark Ten Caten, Brett Mendham, and Ryan Brown, had their assets frozen along with the firm’s funds in April.

Despite the legal challenges, Hiddup continues to advertise returns ranging from 6% to 16% per annum through blockchain mining on its website. 🤔#HiddupRebrand #BlockchainLifeAwards2024

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