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Daily Archives: January 19, 2024

Blockchain start-up collapses owing $14m – news.com.au

LiquidationBy Insolvency Advisory AccountantsJanuary 19, 2024

An Australian blockchain start-up lauded as the future of banking and backed by some of the countrys biggest financial institutions has collapsed. News.com.au can reveal that Lygon went into liquidation with debts of $14.3 million last year, according to a statutory report lodged with the corporate regulator at the end of 2023. Lygon, headquartered in…

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