• Written by: Crypto Breaking News
  • Sun, 11 Feb 2024
  •   United Kingdom

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.” [...]The post Australian Court Sides With ASIC in a Case Pitting the Regulator Against a Crypto Startup appeared first on Crypto Breaking News.

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

The Australian Securities and Investments Commission (ASIC) recently prevailed in its case against Block Earner after a court ruled that the crypto startups product offering violated the countrys 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. [] Source: Bitcoin.com

The post Australian Court Sides With ASIC in a Case Pitting the Regulator Against a Crypto Startup appeared first on Crypto Breaking News.