July 18, 2024

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Australian Regulator Appeals Court Decision Exempting Block Earner From Penalty

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Australian Regulator Appeals Court Decision Exempting Block Earner From Penalty
Australian Regulator Appeals Court Decision Exempting Block Earner From PenaltyAustralian Securities and Investments Commission (ASIC) stated on Tuesday that it had appealed the federal court’s decision to relieve Web3 Ventures Pty Ltd., trading as Block Earner, from liability to pay a penalty for offering unlicensed financial services through its crypto-related Earner product. On June 4, the court found Block Earner’s contraventions serious but exempted […]