‘Stolen laptop’: Liquidators of collapsed Melbourne crypto company pursue bitcoin millions

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Melbourne company Blockchain Global Limited collapsed into administration in October owing creditors $21 million, with cryptocurrency traders seeking millions of dollars more in lost investments crypto

Administrators of a failed cryptocurrency company based in Melbourne are pursuing millions in missing bitcoin claimed to be sitting on a stolen laptop overseas.

In an affidavit lodged in Victoria’s Supreme Court in November, liquidator Andrew Yeo, from Pitcher Partners, said Blockchain Global’s assets included millions in Bitcoin and Ethereum. “Amongst the items Mr Guo said was stolen was his laptop which contained the credentials for accessing the wallet, and therefore cryptocurrency.”

“Blockchain’s current directors currently reside overseas and are difficult to contact,” Mr Yeo’s affidavit said. “There is no doubt that the recovery of cryptocurrency requires a novel approach compared to most traditional assets,” he said.

 

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