ASIC Targets Qoin Cryptocurrency, Alleges It Made False Statements

The Australian Securities and Investment Commission (ASIC) is suing the Gold Coast-based digital currency Qoin. In court documents, the financial watchdog alleges that the crypto platform made either ...

Australian watchdog launches legal action against BPS for misrepresenting ‘crypto’ token Qoin

The Australian Securities and Investment Commission (ASIC) has launched legal action against BPS Financial Pty Ltd (BPS) over engaging in unlicensed conduct and misleading representations about its cr...

Australian Markets Regulator Sues Promoter of Crypto Token Qoin

The Australian Securities and Investments Commission (ASIC) said the advertisements made “false, misleading or deceptive representations” that consumers will be able to exchange Qoin token...