Australia’s High Court Hands ASIC Major Win In Block Earner Crypto Yield Case
Australia’s High Court ruled in ASIC’s favor over Block Earner’s fixed-yield crypto product, sending the case back for penalties.
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Australia’s High Court ruled in ASIC’s favor over Block Earner’s fixed-yield crypto product, sending the case back for penalties.
Australia’s High Court has unanimously ruled 7-0 in favor of the Australian Securities and Investments Commission, finding that Block Earner’s former fixed-yield crypto product required a financial services licence under existing law. According to a June 17 court document, the…