A certain exchange sues Etana Custody over alleged misappropriation of $25 million

AiCoin2026/05/04 13:04

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

A certain exchange has accused Etana Custody and its CEO, Dion Russell, of misappropriating, commingling, and concealing client funds, with the amount involved exceeding $25 million, claiming their actions resemble a Ponzi scheme. The lawsuit alleges that Etana covered losses with new deposits, and the CEO is accused of orchestrating the misconduct and hiding the funding gap.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

A certain exchange sues Etana Custody over alleged misappropriation of $25 million

You may also like

Crypto prices