CloudTech launches green cryptocurrency amid concerns over executives' past ties
Melbourne fintech group CloudTech, collaborating with RMIT to create green cryptocurrency, is overseen by two former executives from the collapsed $2.8 billion Ponzi scheme HyperTech. US prosecutors claim HyperTech siphoned $2.69 billion from worldwide investors. The executives are not accused of wrongdoing but their past raises concerns about RMIT's sponsorship vetting processes.
Summary by OZbrief Editorial · The Age · Source
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Published 19 Jun 2026, 09:45 UTC · Updated 19 Jun 2026, 09:50 UTC
Summary by OZbrief Editorial. Original report: The Age. Editorial policy · Corrections
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