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ASIC appeals Federal Court decision in Finder Wallet case

ASIC has appealed the Federal Court’s decision to dismiss ASIC’s proceedings against Finder Wallet Pty Ltd.

The Australian Federal Court has found that Finder Wallet Pty Ltd did not provide unlicensed financial services in relation to Finder Earn.

ASIC sues Finder Wallet for alleged unlicensed conduct and inadequate risk disclosure over its Finder Earn product.