Melbourne based, MyCryptoWallet Exchange in liquidation

As reported by Australia’s ABC, the chief exec of MyCryptoWallet, Jaryd Tyson Koenigsmann, is utilising the services of SV Partners to liquidate the company. The exchange has been reported to have had a series of problems, with complaints made to ASIC (Australian Securities and Investments Commission). The lack of regulation around these exchanges could put the holdings of the customers at risk, though time will tell on that.

Editors Note: The above video mentions Bitcoin SV as a fork of Bitcoin, a debatable comment if there ever was one.

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