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Australia's Securities Regulator Sues ASX for Misleading Statements About Blockchain Project

ASIC sued on Tuesday and has not yet determined what penalty it will be seeking, but the Australian Financial Review (AFR) reported that ASX faces a maximum penalty of more than A$500 million.

Sydney Opera House in Australia (Stanbalik/Pixabay)
Sydney Opera House in Australia (Stanbalik/Pixabay)