Tag: Financial Service
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Australian Securities and Investments Commission v NGS Crypto Pty Ltd (No 3)
What’s the case about? Whether orders made by the Federal Court appointing receivers and preserving assets, in respect of businesses operating in blockchain mining, should be rescinded or set aside. Background The judgment of Justice Collier in Australian Securities and Investments Commission v NGS Crypto Pty Ltd (No 3) [2024]…
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Australian Securities and Investments Commission v Web3 Ventures Pty Ltd
What’s the case about? Whether cryptocurrency lending products called “Earner” and “Access” offered by Web3 Ventures Pty Ltd were a managed investment scheme, a facility by which a person made a financial investment and/or a derivative for the purposes of the Corporations Act 2001 (Cth). Background In Australian Securities…
Proof of Case 