Updated August 10, 2026 — 12:31pm , first published 11:00am

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A secretive Melbourne billionaire is taking a former employee to court, claiming they stole almost $500,000 from his highly profitable crypto exchange.

The case is the second alleged fraud to hit CoinSpot founder and billionaire Russell Wilson, after fraudsters hit the platform in a $40 million heist in 2017.

Documents filed in the County Court by CoinSpot’s parent company, Casey Block Services, claim customer support team member Iresh Pawan Perera shifted $478,932 out of the…

Read the full article at SMH.COM.AU