Russell Wilson is the billionaire founder of CoinSpot, one of Australia's largest cryptocurrency trading exchanges. Founded in 2013, CoinSpot reported a $270 million net profit in the 2025 financial year. On Aug. 10, a local media outlet reported that he has sued an ex-employee for allegedly stealing around $500,000 from the exchange. A CoinSpot spokeswoman told the publication that she could not reveal more details about the crypto exchange's legal battle with its ex-employee while the matter is sub judice. "We take the security of our customers' holdings extremely seriously and have not had customer funds impacted on our platform.