Is ASIC a complete waste of time?

“The HyperVerse scheme was the subject of multiple consumer warnings from financial authorities around the world, but escaped the attention of regulators in Australia.

“Lee and Xu have been referred to the Australian Securities and Investments Commission (Asic) for potential breaches of the Corporations Act in relation to Blockchain Global, but Asic has said it does not intend to take action at this time.”

#crypto #Hyperverse #BlockchainGlobal #ASIC #Auspol

From: @drrimmer
https://aus.social/@drrimmer/111723653405313167

Matthew Rimmer (@[email protected])

HyperVerse crypto promoter ‘Bitcoin Rodney’ arrested and charged in US https://www.theguardian.com/technology/2024/jan/09/hyperverse-crypto-promoter-bitcoin-rodney-arrested-and-charged-in-us Internal Revenue Service alleges Rodney Burton was part of a network that made ‘fraudulent’ presentations claiming high returns for investors based on crypto-mining operations that did not exist

Aus.Social

✨𝙇𝙚𝙩'𝙨 𝙝𝙖𝙫𝙚 𝙖 𝙡𝙤𝙤𝙠 𝙖𝙩 𝙩𝙝𝙚 𝘽𝙚𝙣𝙚𝙛𝙞𝙩𝙨 𝙤𝙛 𝘽𝙡𝙤𝙘𝙠𝙘𝙝𝙖𝙞𝙣 𝘿𝙚𝙫𝙚𝙡𝙤𝙥𝙢𝙚𝙣𝙩.

🔸The blockchain community is growing tremendously not only in size but in legitimacy as well. In today's world, blockchain technology has emerged into one of the most empowering technologies compared to technologies like machine learning, the internet of things (IoT), and artificial intelligence.
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👉𝗘𝘅𝗽𝗹𝗼𝗿𝗲 𝗠𝗼𝗿𝗲 𝗔𝗯𝗼𝘂𝘁 𝗕𝗹𝗼𝗰𝗸𝗰𝗵𝗮𝗶𝗻 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁-->
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#blockchainglobal