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Tag Archives: Sarah Court

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 “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...

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