The little known crypto group that pulled in $33 billion last year

A little known cryptocurrency trading house that appears to have most of its operations in Hong Kong and Singapore has emerged as the sixth-largest operation by income in Australia for the 2022 tax year.

WX Trading director Dongtao Yu listed this Brighton home as his home address on ASIC company records. Property titles show the Yu family recently sold the home for $9.2 million. The company counts three Millennials – Dongtao Yu, Zhang Li and Wiuxaun Lui, all born between 1993 and 1995 – from Melbourne and Canberra as its directors. Lui and Yu are also both directors of another Australian-registered company, WX Capital, which was set up in 2021.

The Yu family has strong ties to Australia and recently sold their large home in the Melbourne blue ribbon suburb of Brighton for $9.2 million, according to property records. Dongtao Yu listed the Brighton home as his home address on company records. The family also lists a Kenneth Oliphant designed house in Forrest, Canberra, as their home address.were unable to contact the directors of WX Trading, either directly or through family businesses.

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