Tag: FTX Australia

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Australia’s financial regulator cancels license for FTX’s local entity

July 19, 2023

ASIC had previously suspended FTX’s license to operate in Australia; now the securities regulator has canceled it entirely. The Australian financial services regulator has finally canceled the financial license of FTX Australia, the bankrupt crypto exchange’s local subsidiary.  On July 19, the Australian Securities and Investments Commission announced the cancellation, which took effect July 14.…
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FTX Australia’s license suspended as 30K Aussies left in the lurch

November 16, 2022

Three members of a Sydney-based investment and advisory firm are assigned to help Australians impacted by the suspension of the local entity of Sam Bankman-Fried’s former crypto empire. Australia’s financial markets regulator has suspended FTX Australia’s financial license following the appointment of a voluntary administrator to help nearly 30,000 Australians and 132 Australian companies get…
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