PKF partner Brad Tonks told creditors he needs more funding to find out where the $16 million that creditors are chasing has gone.
. Mine Digital and related entities had transacted on FTX.
Mine Digital chairman Paul Brown told Mr Tonks he first realised the company was in financial trouble in July 2022 “when he became aware that the company had insufficient fiat balances on hand, and Mr Colthup could not identify and validate any further digital assets held by the company outside its ecosystem”, the first report to creditors said.
Yi-nan Wang, Michelle Xia and Harrison Brown all resigned as directors of ACCE on July 11. The remaining directors are Mr Colthup, Mr Brown and Mine Digital chief operating officer Matthew Starkey.Australian Securities and Investments Commission documents show Mr Wang as a 25 per cent shareholder of a holding company that owns just over 4 per cent of ACCE shares. Mr Brown owns a firm which holds about 8.1 per cent of ACCE shares.
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