An Australian federal court agreed to a petition by markets regulator ASIC to hand over some US$41 million in digital assets invested by over 450 Australians with the mining companies to specialists from advisory and restructuring company McGrathNicol.
Australian financial regulator sues eToro over ‘volatile’ trading products
The Australian Securities and Investments Commission alleged eToro users with no understanding of CFD product risks could still buy them on the platform.
U.S. Judge Dismisses Lawsuit Against DeFi Startup PoolTogether
The lawsuit, filed in 2021, alleges the platform operated in a way that enabled users to evade financial regulation and scam consumers.
ASIC fires industry warning shot as it sues BPS Financial over crypto promo
The Australian securities regulator is pursuing BPS Financial Pty Ltd for allegedly making false and misleading representations, and engaging in unlicensed conduct.