Australian Court Sides With ASIC in a Case Pitting the Regulator Against a Crypto Startup  

Gino Rosalba

Regulations 16 days ago
10 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.
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