High Court sides with ASIC in Block Earner appeal
The High Court has unanimously found that the fixed-yield digital asset product ‘Earner’ offered by Block Earner was a financial product.
Block Earner
ASIC allowed to appeal Block Earner decision
The High Court has granted ASIC special leave to appeal a Full Federal Court decision, which found that Block Earner did not need a financial services licence,
ASIC seeks to appeal Block Earner ruling
ASIC is seeking special leave from the High Court to appeal the Full Federal Court decision regarding Block Earner.
Australian Full Federal Court rules Block Earner did not engage in unlicensed conduct
Block Earner did not need a financial services licence to offer its digital asset-related Earner product.
ASIC challenges Court’s decision to relieve Block Earner from paying penalty
ASIC has appealed the Federal Court’s decision to relieve Block Earner from liability to pay a penalty.
Australian Court relieves Block Earner from liability to pay penalty for ‘Earner’
The Federal Court of Australia has relieved Block Earner from liability to pay a penalty for contraventions related to unlicensed financial services.
Australian Court finds Block Earner engaged in unlicensed financial services conduct
The Australian Federal Court has found fintech company Block Earner engaged in unlicensed financial services conduct.
ASIC takes action against Block Earner for unlicensed conduct over crypto-based products
ASIC alleges that Block Earner provided unlicensed financial services in relation to its crypto-asset based products.
