A Melbourne fintech group which partnered with RMIT university to “develop the next generation of green cryptocurrency” is being overseen by two former top executives within the collapsed crypto empire behind an alleged $2.8 billion Ponzi scheme.
The connection between blockchain company CloudTech Group and the failed HyperTech conglomerate – founded by notorious Melbourne crypto figures Ryan Xu and Sam Lee – has raised questions about the university’s vetting processes before entering into sponsorships.
Among the startling number of accusations levelled against the company, US…
