The Australian Securities and Investment Commission ( ASIC ) recently barred Bitcoin Group Limited from making public statements about its initial public offering.
The news hit the glare when the aforementioned Melbourne-based Bitcoin mining startup was found to have sought investment from Chinese investors while citing ‘half-baked’ plans to get listed on Australian Stock Exchange . According to the ASIC , the company was publicizing its IPO even before complying with the existing obligations.
“The publications […]
