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ACX’s parent company Blockchain Global collapses owing $15M -Breaking

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Blockchain Global (BGL) was the parent company for the defunct Australian cryptocurrency exchange ACX. It owes $15 million in outstanding debts.

September 13, 2009 Victoria Supreme CourtPlacing a freeze Place your orderat 117.33BTC) —worth around $7.1 million — held by two companies behind the exchange, BGL and ACX Tech. The companies failed to comply with the September 30 deadline and were required to reveal all assets, both local and foreign.