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…
The ASIC has sued Bit Trade for violating the design and distribution requirements for one of its trading products.
For falsely pretending to have a local credit license, Australian-based cryptocurrency lender Helio Lending was given a one-year good behavior bond.
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…
FTX Australia will still be allowed to provide limited financial services while it wraps up its dealings with clients until July 12 next year.
