Australian Court Sides With ASIC in a Case Pitting the Regulator Against a Crypto Startup
Gino Rosalba
Regulations
6 months ago
1 QCP
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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.
https://news.bitcoin.com/australian-court-sides-with-asic-in-a-case-pitting-the-regulator-against-a-crypto-startup/
https://news.bitcoin.com/australian-court-sides-with-asic-in-a-case-pitting-the-regulator-against-a-crypto-startup/
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