Mark McFarlane

Apr 5, 2024 | lexology.com | Max Allan |Scott Farrell |Ian Paterson |Mark McFarlane |Hannah Glass

On 14 March 2024, the Federal Court found that Finder Wallet Pty Ltd (Finder Wallet) did not contravene financial services regulatory obligations under the Corporations Act 2001 (Cth) (Corporations Act) in making its “Finder Earn” digital asset product available. Notably, ASIC pursued the case against Finder Wallet in a different way to the recent case brought against Web3 Ventures Pty Ltd (Web3 Ventures).