May 21, 2024
Former crypto director banned from leaving Australia after Blockchain Global collapsed owing $58m

Liang ‘Allan’ Guo has been deemed a flight risk and ordered to hand over any passports in his possession

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A former director of the Australian crypto company Blockchain Global, which collapsed owing creditors $58m, has been banned from leaving the country.

The Australian Securities and Investments Commission secured the interim travel ban in the federal court on 20 February after successfully arguing the director, Liang “Allan” Guo, posed a flight risk.

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