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Australia’s ASIC Wins High Court Appeal as Block Earner Yield Product Faces Fresh Penalty Fight

By Terence Zimwara | 2026-06-19 03:20:52 | 3 months ago

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The High Court of Australia ruled unanimously (7-0) that fintech platform Block Earner illegally offered its cryptocurrency yield product.

High Court Sides With Regulator In a landmark decision, the High Court of Australia has ruled that a cryptocurrency yield product was offered illegally without a financial services license.

The 7-0 ruling by the country’s highest

keywords : Crypto News|Australia & Oceania|Court|License

sentiment : NEGATIVE

category data : CRYPTOCURRENCY