"While iSignthis took the unprecedented step of suing the ASX, the company and Mr Karantzis are being sued by the ASIC over allegations he failed to disclose how revenues that resulted in hundreds of millions of bonus shares being issued to him and key staff were earned, and for alleged breaches of disclosure obligations and false representation.The Australian Taxation Office placed a departure prohibition order on Mr Karantzis on December 18 last year and at the same time served him with an unpaid tax bill, following concerns he would flee to Cyprus."
Maybe Kevin Lewis would say he made the right call?
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