Regulators say the former CEO of Mine Digital stole $1.5 million from BTC users

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Golden Finance reported that the former CEO of Australian cryptocurrency exchange Mine Digital is facing fraud charges for allegedly stealing $1.47 million (2.2 million AUD) from a customer who attempted to convert funds into Bitcoin.
The Australian Securities and Investments Commission (ASIC) stated in a statement on October 21 that Mine Digital customers paid ACCE Australia $1.5 million but never received the Cryptocurrency.
ASIC alleges that Colthup either used the funds to repay ACCE's debts, or to purchase Cryptocurrency for others, or both.
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