CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
coinpedia 2023-07-19 05:44:03

Australian Regulator Cancels FTX Australia’s Financial License

The post Australian Regulator Cancels FTX Australia’s Financial License appeared first on Coinpedia Fintech News The financial license of FTX Australia, the bankrupt crypto exchange’s local subsidiary, has been withdrawn by ASIC, the Australian financial services regulator. With around 30,000 retail clients and 132 local companies served, FTX faced financial troubles leading to its November bankruptcy filing. Administrators from KordaMentha were appointed to restructure FTX Australia and its subordinate, revealing …

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.