April 29, 2024

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Australian Regulator Initiates Civil Proceedings Against Three Cryptocurrency Investment Firms

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Australian Regulator Initiates Civil Proceedings Against Three Cryptocurrency Investment Firms
Australian Regulator Initiates Civil Proceedings Against Three Cryptocurrency Investment FirmsThe Australian Securities Regulator has launched civil proceedings against three cryptocurrency firms. These firms are accused of convincing investors to purchase investment packages using self-regulated superannuation funds. The regulator stated that appointing a receiver is the best way to protect investors’ assets, which are at risk of being depleted. Protecting Investors’ Assets The Australian Securities […]