Australian regulators bust unlicensed blockchain mining companies
Approximately 1000 Australian investors have lost over 160 million Australian dollars ($104 million) following the insolvency of three cryptocurrency mining firms, NGS Crypto Pty Ltd, NGS Digital Pty Ltd, and NGS Group Ltd (referred to as “NGS companies” collectively). Based on a report from April 12, the Australian Securities and Investments Commission (ASIC) initiated civil … Read more