ASIC has issued an interim stop order preventing advertisements about PPM Units, a class of interests in RES Investment Fund.
Payment and cryptocurrency trading platform Crypto.com got under fire in the UK for two in-app ads.
The ASA challenged whether the Skrill ad was misleading because it failed to illustrate the risk of investing in cryptocurrencies.
The Federal Court has ordered the Mayfair 101 Group to pay a penalty of $30 million for misleading advertising.
The ASA found that the claims by Lanistar to be offering “the world’s most secure payment card” were misleading.