ASIC Of Australia cracks down on blockchain mining firms

May 1, 2024

SYDNEY, Australia, Tuesday, April 23, 2024 –  The Australian Securities and Investments Commission (ASIC) has launched legal proceedings against three blockchain mining companies accused of operating without a license and violating financial regulations. ASIC alleges that NGS Crypto, NGS Digital, and NGS Group promoted blockchain mining packages with fixed-rate returns to Australian investors, potentially leading […]