Australian Court Hands Over $41 Million of Crypto Held by Blockchain Mining Group at Regulator's Request

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An Australian federal court agreed to a petition by markets regulator ASIC to hand over some US$41 million in digital assets invested by over 450 Australians with the mining companies to specialists from advisory and restructuring company McGrathNicol.

Source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

#Policy, #News, #Regulations, #Australia, #Mining, #ASIC, #Court, #FederalCourt, #Crimes

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