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QLD Business
Bitcoin is seen fulfilling a role that other highly volatile investments have played during previous market run-ups: The highest-returning asset is often among the first to fall when investor appetite for risk starts to change. PHOTO: LUKE MACGREGOR/BLOOMBERG NEWS

Betting group aims to raise $60m

HE’S the serial internet entrepreneur who has already made mega-millions from online porn and bookmaking. Now this businessman is breaking fresh ground by raising up to $60 million with his own version of Bitcoin, a cryptocurrency dubbed “nedscoin’’.

QLD Business
Restaurant and nightclub entrepreneur Damian Griffiths inside the site of his new venture at 126 Wickham St Fortitude Valley.

Damian Griffiths’ chequered past

THE rise and recent fall of Brisbane hospitality identity Damian Griffiths has been well documented. Less well known about the now-bankrupt Doughnut Time entrepreneur is the chaos and dysfunction that also dogged his previous career.

Original URL: https://www.couriermail.com.au/business/citybeat/page/200