DigitalX, the ASX-listed fund manager specialising in cryptocurrencies, is heading to court against its former chief executive over who owns a bitcoin wallet linked to collapsed Japanese exchange Mt. Gox, which began paying out creditors this week.
Alex Karis and the company he co-founded are in the midst of a stoush over the ownership of trading accounts that lost 351 bitcoins in the collapse of Mt. Gox in 2014. At today’s prices, those bitcoins are worth about $29 million.
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Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com
