The crypto retailer said it has run out of trading capital amid plunging digital asset prices.
Acquisitions contributed $41.7m to Xero's total revenue of $1.1 billion.
The US is hellbent on making an example of Kim Dotcom. But the real issue is the push by governments to gain access to the encryption systems of the major digital platforms.
Vodafone's strategy chief has got hyperscalers on the brain.