Tag Archives: Qoin

CoinspeakerAustralian Court Backs ASIC in Legal Case against Qoin Scheme ASIC’s legal victory underscores its ongoing efforts to combat illegal crypto activities in Australia, safeguard investor interests, and ensure the integrity of financial markets. Australian Court Backs ASIC in Legal Case against Qoin Scheme

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 “false” or “misleading” representations when it marketed itself to roughly 80,000 traders. ASIC Is Eying Qoin Among the company’s statements that ASIC claims are untrue was one that Qoin could be traded for several other cryptocurrencies or for the Australian dollar via...