Australian watchdog files lawsuit against ASX over misrepresenting $165 million blockchain project

Oluwapelumi Adejumo

Australia’s Securities and Investments Commission (ASIC) has filed a lawsuit against the Australia Securities Exchange (ASX) Ltd., accusing it of misleading statements about its blockchain trade settlement project, according to an Aug. 14 statement. False statements ASIC claims the ASX falsely stated in February 2022 that its project was “on track” for an April 2023 […]

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Australian watchdog files lawsuit against ASX over misrepresenting $165 million blockchain project