Technical Analysis

Australian crypto exchange Digital Surge entered voluntary administration

A bit of local crypto news from Australia. The firm froze trading last month after global competitor FTX went under.

Circa 30K customers were impacted, unable to trade or withdraw money.

Local press here report:

  • KordaMentha Restructuring has been appointed as administrators and is working on a rescue package.

Wishing all involved well. What a mess FTX precipitated.

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