Australian Court Sides With ASIC in a Case Pitting the Regulator Against a Crypto Startup
Submitted by Anonymous (not verified) on Sun, 02/11/2024 - 13:20
The Australian Securities and Investments Commission (ASIC) recently prevailed in its case against Block Earner after a court ruled that the crypto startup’s product offering violated the country’s Corporations Act. The judge ruled that the ASIC had “succeeded in establishing contraventions of s 601ED and 911A of the Act in relation to the Earner product.” […]