The Australian regulatory authority has fined BPS Financial $9.7 million.
The Federal Court of Australia fined BPS Financial Pty Ltd 14 million AUD for operating the Qoin Wallet program without a license and misleading consumers. The penalty includes 2 million AUD for unauthorized business practices and 12 million AUD for false claims. BPS is also prohibited from offering unauthorized financial services for 10 years.
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TapChiBitcoin·01-27 14:31


