Liquidators have been appointed for three cryptocurrency companies owned by Ash Balanian. DCA Capital, Digital Commodity Assets, and the Digital Commodity Assets Fund have all entered liquidation after investors raised red flags about the fund’s management and licensure.So far, losses are estimated to affect around 100 investors, who have up to AU$100 million (US$65 million) in claims.Balanian had boasted of his career experience as a former NASA mission planner, and targeted his fund to wealthy investors with a minimum initial deposit of AU$50,000 (~US$33,000).

Total loss estimated at $65,000,000.