Title: Australian Court Exempts Block Earner from Paying Penalty; Criticizes Regulator’s Misleading Press Release
Post by: Bitcoin on Jun 05, 2024, 06:23 am
Post by: Bitcoin on Jun 05, 2024, 06:23 am
Australian Court Exempts Block Earner from Paying Penalty; Criticizes Regulator's Misleading Press Release
A Federal court in Australia has relieved the crypto firm Block Earner from paying a penalty for breaching the financial services law when it offered the Earner product. According to the ruling, Block Earner “acted honestly and not carelessly,” hence it should not be made to pay a pecuniary penalty. The Federal Court judge criticized […]
Source: Australian Court Exempts Block Earner from Paying Penalty; Criticizes Regulator's Misleading Press Release (https://news.bitcoin.com/australian-court-exempts-block-earner-from-paying-penalty-criticizes-regulators-misleading-press-release/)
A Federal court in Australia has relieved the crypto firm Block Earner from paying a penalty for breaching the financial services law when it offered the Earner product. According to the ruling, Block Earner “acted honestly and not carelessly,” hence it should not be made to pay a pecuniary penalty. The Federal Court judge criticized […]Source: Australian Court Exempts Block Earner from Paying Penalty; Criticizes Regulator's Misleading Press Release (https://news.bitcoin.com/australian-court-exempts-block-earner-from-paying-penalty-criticizes-regulators-misleading-press-release/)