When SA crypto exchange iCE3 shut down trading in March due to “account discrepancies” and a few weeks later announced it had initiated liquidation proceedings, account holders were understandably concerned that a “friendly” liquidator would try to grab their crypto assets and count these as part of the exchange’s assets. Social media chatter is alive with concerns that liquidators in the iCE3 matter will attempt to gorge themselves on assets that don’t belong to the estate – and commentators on the iCE3 Concerned Telegram Group have pointed to more than a few examples of where this has happened in the past. They are ... (full story)