Australia’s ASIC launches legal action against unlicensed mining firms

Australian Securities and Investments Commission (ASIC) has launched legal proceedings against three blockchain mining companies after their collapse into liquidation. The companies, NGS Crypto Pty Ltd, NGS Crypto Pty Ltd, and NGS Crypto Ltd under the NGS Companies banner have cost residents in the country more than $104 million in losses. Australia’s ASIC launches legal […] source: https://www.cryptopolitan.com/australias-asic-legal-action-unlicensed-firm/