Dasset, a cryptocurrency exchange situated in New Zealand, has filed for liquidation.
Customers reportedly can’t access their accounts. According to the CEO of the business, Stephen Macaskill, Dasset requested voluntary liquidation. New users can still sign up on the website, however.
The advisory firm Grant Thornton was chosen to be the company’s liquidator. Their statement is as follows:
“We understand users and creditors will be disappointed by the news that Dasset has gone into liquidation. The process of securing the assets is complex; there are third parties involved and nearly 100 different types of digital assets. We will work with management and third parties to resolve any issues as soon as possible.”
Grant Thornton stated that the business will reach out to all of the exchange’s customers and suppliers in the upcoming days, and they will post a preliminary report on the website the following week.
The Herald claims that customers of the exchange are unable to withdraw money. Some say their accounts are not accessible. One consumer complained to the neighborhood newspaper that they could not withdraw their life savings—$40,000.
Dasset was established in 2017 in Auckland, New Zealand, at the height of the ICO boom, and it managed to escape the bubble that year.
