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

The Australian Securities and Investments Commission (ASIC) precocious prevailed successful its lawsuit against Block Earner aft a tribunal ruled that the crypto startup’s merchandise offering violated the country’s Corporations Act. The justice ruled that the ASIC had “succeeded successful establishing contraventions of s 601ED and 911A of the Act successful narration to the Earner product.” […]