Collapsed software firm linked to cryptocurrency service owes $26m

Flying not-so-high, Sanem Digital founder Michael Moran also has problems with his Roundable crypto app (Image: LinkedIn)

Garth Bray

Mon, 11 Nov 2024

The liquidator of a collapsed software development company with links to a fledgling cryptocurrency investment service estimates that it owes more than $26 million.Sanem Digital was placed in liquidation in October last year after an application by the Inland Revenue Department (IRD).The liquidator’s final report for the Official Assignee notes director Michael Moran had failed to provide a statement of affairs for the company after engaging in an initial telephone conversation. Sanem Digital director Michael Moran heads for Sma...

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