The Australian court ruled that Block Earner did not violate local financial regulations and ordered regulatory agency ASIC to bear all legal costs
Foresight News reported that according to The Block, the Australian Federal Court ruled that Block Earner's cryptocurrency based "Earner" product did not violate local financial regulations and approved the company's appeal. The allegations made by the Australian Securities and Investments Commission (ASIC) were dismissed, and regulators were ordered to bear all legal costs.