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Australians Lose Millions in Unlicensed Crypto Scheme Targeting Retirement Funds

by SB Crypto Guru News
December 30, 2025
in Bitcoin
Reading Time: 1 min read
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Australians Lose Millions in Unlicensed Crypto Scheme Targeting Retirement FundsHundreds of Australians have suffered major losses after a Federal Court ordered the liquidation of NGS Crypto and associated companies for operating without a license. More than 450 investors poured $40.2 million into the scheme, but liquidators have found only $4.6 million in cryptocurrency so far. A Multimillion-Dollar Shortfall Hundreds of Australians who trusted their […]



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Tags: AustraliansBitcoin NewsCryptoCrypto NewsCrypto UpdatesFundsLatest News on CryptoloseMillionsRetirementSB Crypto Guru NewsSchemetargetingUnlicensed
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