In this article: Several members of Monacos leadership team, including Marszalek, were part of a failed Asian e-commerce startup called Ensogo, which some Hong Kong merchants accused of fraud.
http://www.ibtimes.com/why-you-might-want-cryptocurrency-debit-card-2577280About Marszalek's Ensogo company: On June 21, 2016, Ensogo announced that it will shut down all South East Asia operation (including Hong Kong) and its CEO Kris Marszalek has resigned; it also requests ASX to suspend shares trading. The unprecedented shutdown affected operations in several countries; workers in Singapore found the office was closed, Hong Kong sellers call for police investigation of fraud[9] and certain stores in Thailand rejecting deals purchased by consumers, though the Consumer Protection Board is expected to summon Ensogo executives for remedial issues.
https://en.wikipedia.org/wiki/Ensogo