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Category ASIC

Block Earner Secures Legal Victory, Court Dismisses ASIC’s Appeal

Block Earner Secures Legal Victory, Court Dismisses ASIC’s Appeal

Block Earner, an Australia-based FinTech company, has secured a victory as the Federal Court of Australia reversed a decision that the platform nee...
Australian court rules in favor of crypto lender, dismissing ASIC’s appeal

Australian court rules in favor of crypto lender, dismissing ASIC’s appeal

The Australian Full Federal Court dismissed an appeal from the ASIC, which failed in its attempt to punish Block Earner for its previously offered ...
How Some Bitcoin Mining Firms Try to Game U.S. Customs Controls

How Some Bitcoin Mining Firms Try to Game U.S. Customs Controls

The bitcoin mining industry routinely underreports the value of imported ASIC shipments to the U.S., multiple sources told CoinDesk.
Australian authorities shut down 95 companies linked to global crypto romance scams

Australian authorities shut down 95 companies linked to global crypto romance scams

Australia's ASIC has shut down 95 companies linked to crypto romance scams, following a court ruling that found evidence of fraudulent operations.
US authorities seize Bitcoin mining ASICs over unapproved AI chips

US authorities seize Bitcoin mining ASICs over unapproved AI chips

US CBP has conducted an enforcement action to seize Bitcoin mining application-specific integrated circuits (ASICs) at US port entry points after r...