Australian securities regulator appeals loss in Finder Wallet case

ASIC argues A federal court judge " made a mistake " In discovery that Searcher Earn was not A “debenture” — And Thus compliant with Australian financial rules.

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THE Australian Securities And Investments Commission (ASIC) has deposit has call It is court loss against Searcher Wallet, A sister business of Australian financial technology farm Finder.com, on It is "Earn" product which was find has be compliant with Australia financial laws by A federal court last month.

ASIC previously argued that Searcher Wallets yield bearer product exploited without A appropriate Licence Or authorisation. But federal court judge Brigitte Markovic rejected THE case on March 14, decision that ASIC failed has establish that Searcher Wallet Earn product constitute...