28-5-2025 – The Australian Securities and Investments Commission (ASIC) has launched civil penalty proceedings against Allan Guo, once a key figure at the now-defunct ACX cryptocurrency exchange, accusing him of flagrant breaches of his directorial duties. Guo’s alleged mismanagement, including mishandling customer funds, misrepresenting business dealings, and failing to keep accurate records, lies at the [. .
source: https://www.cointrackdaily.com/asic-sues-former-acx-exchange-director-allan-guo-over-alleged-misconduct/