Australia’s financial regulator raised concerns about FTX’s local subsidiary up to eight months before the exchange’s collapse Approx. 30,000 Australian customers and 132 businesses are owed money or cryptocurrencies by the exchange According to a recent Guardian Australia report, Australia’s financial regulator had raised concerns about FTX’s local Australian subsidiary up to eight months before […]
Australia’s financial regulator raised concerns about FTX’s local subsidiary up to eight months before the exchange’s collapse
According to documents obtained by the newspaper, ASIC officers were concerned about the way FTX Australia was operating because it wasits Australian Financial Services License by acquiring IFS Markets in December 2021, before going live in March 2022.
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