Former Blockchain Global director restricted from leaving Australia

Liang “Allan” Guo — was one of three directors of a company that operated the ACX Exchange, which collapsed in 202 1 and has been the subject of a federal regulator probe since last month.

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The former director of Australian crypto firm Blockchain Global has been temporarily banned from leaving the country amid a probe over his role in the firm’s collapse, which owes creditors $37 million (58 million Australian dollars.)

The Australian Securities and Investments Commission (ASIC) said on Feb. 28 that it secured an interim travel restraint order dated Feb. 20 from the Federal Court of Australia against Liang “Allan” Guo — the company’s director.

Guo — a Chinese citizen — must hand over any owned passports and is banned from leaving or trying to leave Australia until Aug. 20.

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