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Reading Time: 2 minutes Australia’s Federal Court has ruled in favor of ASIC against Bit Trade regarding Kraken’s margin trading product The court has determined that Bit Trade failed to meet its legal obligations for product design and distribution ASIC has initiated civil penalty proceedings due to Bit Trade’s non-compliance with regulatory requirements Australia’s Federal Court has sided with the Australian Securities and Investments Commission (ASIC) in its case against Bit Trade…
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Bit Trade Loses Case Against Australian Regulator
Mark Hunter
16:01
Reading Time: 2 minutes Australia’s Federal Court has ruled in favor of ASIC against Bit Trade regarding Kraken’s margin trading product The court has determined that Bit Trade failed to meet its legal obligations for product design and distribution ASIC has initiated civil penalty proceedings due to Bit Trade’s non-compliance with regulatory requirements Australia’s Federal