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Forget the carnage; insiders are thriving in crypto

A tax-free venture capital fund associated with veteran banker Mike Tilley is up five times in value.

Aaron Patrick

Mike Tilley is a pillar of Australia’s financial services establishment. He owned his own mergers and acquisitions advisory firm. He was chief executive of Merrill Lynch Australia and Challenger funds management. He’s chairman of Latitude group, a consumer lender.

Now, the finance industry veteran has a new, unlikely role: cryptocurrency profiteer.

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Aaron Patrick was a senior correspondent at The Australian Financial Review.

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    Original URL: https://www.afr.com/wealth/investing/forget-the-carnage-insiders-are-thriving-in-crypto-20221123-p5c0k0