DigitalBTC Selloff Prompts Questions from Australian Securities Exchange

DigitalBTC Selloff Prompts Questions from Australian Securities Exchange

Australian bitcoin company Digital CC Limited, which trades as 'digitalBTC', experienced a big selloff on the Australian Securities Exchange (ASX) last Friday. The sudden and drastic increase in trading volume prompted the ASX to send a formal notice to the firm the very same day, asking whether or not there was any undisclosed information that could have prompted the selloff. The firm started trading on the ASX following a reverse takeover of Digital CC Limited last year. Following the bitcoin price crash on 14th January, digitalBTC's trading volume spiked from under 10,000-48,000 shares....


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