DigitalX Limited Encounters Court Challenge
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DigitalX Limited Encounters Court Challenge

DigitalX Limited (AU:DCC) has released an update.

DigitalX Limited, a tech and investment firm, faced a setback as the Federal Court of Australia did not grant its application for summary judgment against former director Mr. Alex Karis. However, the Court ordered Karis to provide $150,000 security for the company’s costs, with his claim against DigitalX stayed until payment. The company is now set to focus on claiming possession of a Bitcoin wallet linked to the recovered Mt Gox Exchange funds.

For further insights into AU:DCC stock, check out TipRanks’ Stock Analysis page.

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