Enforcement/asicCWLTH

ASIC v Finder Wallet (crypto financial product)

court judgment14 Mar 2024

Respondent

Finder Wallet Pty Ltd

Facts

ASIC alleged Finder Wallet's Earn product was a financial product requiring AFSL — Federal Court ruled in Finder's favour.

Outcome

Federal Court found the product was not a financial product on the facts. ASIC appeal pending in some elements.

Read the source

https://asic.gov.au/about-asic/news-centre/find-a-media-release/

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