Tag ASIC
ASIC Targets Unlicensed Blockchain Firms, Court Grants $40 Mln Crypto Transfer
Key Takeaways In a recent development, the Australian Securities and Investments Commission (ASIC) has taken decisive action against NGS companies and their directors. Brett Mendham, Ryan Brown, and Mark Ten Caten now face legal proceedings for allegedly enticing local investors…
Australian Regulator Developing Outcome-Based Crypto Policies
Former Blockchain Global Director Bound to Australia Amid Proceedings
Court Rules Against Crypto Exchange Block Earner, ASIC Wins Case
Key Takeaways Block Earner, a startup in the fintech space, found itself entangled in legal proceedings after offering consumers its Earner product from March 2022 to November 2022, promising fixed yield returns from various crypto-assets. However, a recent ruling by…
ASIC Cracks Down on Bit Trade for Margin Trading Product Shortcomings
Helio Lending Faces Bond Sentence for False License Claims
Australian Regulator ASIC Charges eToro Exchange for Misconduct
Key Takeaways The Australian Securities and Investment Commission (ASIC) has taken legal action against the social investing platform eToro, specifically targeting its crypto trading wing for alleged dishonest, inefficient, and unfair execution of its contract for difference (CFD) product. CFDs…