The Australian Securities and Investment Commission (ASIC) has sued the Australian Securities exchangeASX for misleading statements regarding the blockchain project.

DailyNews

2024-08-14 05:15:29

PANews reported on August 14th that the Australian Securities and Investments Commission (ASIC) has sued the Australian Securities exchange (ASX) in the Federal Court. ASIC has accused ASX of making misleading statements, claiming that its project to replace the Clearing House Electronic Subregister System (CHESS) trading platform with blockchain technology was ‘on track’ to be launched in April 2023 and was ‘progressing smoothly,’ when in fact the project was not on schedule at that time or meeting its milestones. After significant delays and budget overruns, ASX ultimately abandoned the project in November 2022.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

GateUser-774d0b37

· 2024-08-14 05:38

Ambush 100x coin 📈

View OriginalReply0